The financial year 2023-24 shows that, despite the economic crisis, and that some of our donations have reduced, we have just about been able to maintain the necessary expenditure in our two projects - The Breakfast Project and FoodBank.
The Breakfast Project continues to provide a hot cooked breakfast every weekday. The target group for the project is those who are street homeless. This project is managed by our paid employee, which ensures continuity of service and also consistent quality. We use the kitchen / cafe area of Breadline, which is run by St Petrocs, and this is a good fit for both projects supporting the same client group. Offering a cooked meal opens the door to enable individuals to access other support services available in the same building.
Ongoing funding for salary continues to be difficult. We are able to purchase food items for use in the Breakfast Project with the financial support of our Food Bank, and this has enabled the Breakfast Project to continue through this last year. The economic crisis has had an impact on the Breakfast Project as the costs of food (eggs, bacon etc) has increased substantially during the last year. There continues to be the need for volunteers to support the manager in meeting the needs of their customers.
Our small, but dedicated, management team continue to seek funding opportunities as we seek to secure the future of the Breakfast Project.
The Food Bank remains in great demand and this demand has increased yet again this year and this is likely to continue. We are based in Treneere - having been in the current rented premises since 2011.
Generous cash donations from the public enables the Food Bank to continue to meet the growing demand, alongside the donations of food and provisions through the supermarket collection points and our member churches.
However, the economic crisis has seen a slight decrease in the donations of tinned and dried goods from members of the public, and some standing orders have ended. The Food Bank are proud to ensure that fresh and healthy food is provided, and fresh fruit and vegetables, eggs, dairy products, bread are bought fresh to provide for our daily deliveries. We now also find we need to purchase basic staple items (tinned goods). The increasing costs of basic food has had an impact on the project, and we are promoting the need for cash donations to enable the project to continue to spend the amount of money necessary to meet the needs of the customers.
The Project remains fortunate in having a good number of volunteers both in the storerooms and as delivery drivers.
The project has previously been able to help customers in fuel poverty to provide cash to top up keys and cards for pre-paid meters. This demand is decreasing as more and more of the utility companies are no longer providing pre-paid meters - and many of our customers are referred to other charities who are able to provide advice around utilities.
CTIPA held their annual ecumenical service to celebrate the Week of Prayer for Christian Unity in January 2024 at The Roman Catholic Church - 'The Immaculate Conception of Our Lady'. The evensong service was conducted by the late Father Philip Dyson. It was a wonderful and moving service.
During February and March, 6 "lent lunch" events were held - these are annual events in order to raise funds for Christian Aid and Cafod.
We also took part in our annual "Walk of Witness" on Good Friday, to the Salvation Army Hall. It had not been possible to hold our usual open air meeting at Market Square due to scaffolding, but we do sincerely hope that this open air ecumenical service will happen in 2025.
In March several of our member churches took part in the annual World Day of Prayer held at the Roman Catholic Church and this year this global celebration had been written by the Women of Palestine, and was very well attended and well received.
The monthly "letter writing" group continue to meet at High Street with focus on writing to Christians around the world who are facing persecution.
A TAIZE music celebration service was held at High Street in September and it is planned that this will be a twice yearly event for Spring and Harvest times.
There was fun and enjoyment from Carol Singing around some of the pubs in town on Montol night in December and provided a great opportunity for outreach.
It is still hoped to have more joint worship events in future.
CTIPA have supported provision of assemblies in local schools, but due to the retirement of Rev Howard Pesketh, this work is not currently happening. CTIPA are endeavouring to recruit a person who can take on this valuable community service. Funding for this work is from our general funds as and when we can re-start the service to the Humphry Davy School. We gratefully thank Rev Pesketh for the years and years of service he has provided to organise the work at our local school.
No affiliation fee was charged to our members during the year as our bank balance was healthy, and member churches are, of course, experiencing their own financial issues at this time.
We enter the new financial year in good heart with sufficient funding for our work, with goodwill between the projects as the more popular project (the food bank) has been able to subsidise the income of the less popular project which supports those in need of food because of being street homeless.
We have an ongoing need for volunteers, not just for the continuation of our individual projects above and welcome two new Trustees - Anthea Smith and Jakki Love. We also welcome Newlyn Trinity Centre who have become members of CTIPA.
We continue to explore new opportunities and ways to support our town and surrounding communities.
Personally, I want to thank all who have supported CTIPA throughout the past year - THANK YOU.
Karen Morozova, Chair CTIPA
## **CHURCHES TOGETHER IN PENZANCE AREA ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2024**
## **STATEMENT OF FINANCIAL ACTIVITIES**
|Note
**Incoming Resources**
Grants
Voluntary Income
Investment Income
Total Incoming Resources
**Resources Expended**
Charitable Activities
Governance Costs
Total Resources Expended
Net Movement in Funds
Funds Transfer
Total Funds Brought Forward
Total Funds Carried Forward|Unrestricted
Funds
£
0
725
44
769
0
488
488
281
0
281
21,602
21,883|Restricted
Funds
£
0
40,094
456
40,550
46,336
1,020
47,356
(6,806)
0
(6,806)
130,708
123,902|Total
2024
£
0
40,819
500
41,319
46,336
1,508
47,844
(6,525)
0
(6,525)
152,310
145,785|Total
2023
£
19,370
47,935
228|
|---|---|---|---|---|
|||||67,533|
|||||45,337
6,155|
|||||51,492|
|||||16,041
0|
|||||16,041
136,269|
|||||152,310|
**BALANCE SHEET AT 31 MARCH 2024**
|**Current Assets**
Investment
Cash at Bank and in hand
Net Assets of the Charity
**Funds of the Charity**
Unrestricted Funds
Restricted Funds
Total Funds|21,882
21,882
21,882
21,882|20,565
103,338
123,903
123,903
123,903|20,565
125,220
145,785
21,882
123,903
145,785|20,326
131,984|
|---|---|---|---|---|
|||||152,310|
|||||21,574
130,736|
|||||152,310|
## NOTE:
The notes on the following page are part of these accouts
Signed
Karen Morozova hair of Trustees P. Durkin Treasurer
Date 14 January 2025
**CHURCHES TOGETHER IN PENZANCE AREA ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2024**
## **NOTES TO THE ACCOUNTS**
- 1 The accounts have been prepared under the historical cost convention.
- 2 Incoming resources are recognised when received.
- 3 Resources are recognised when incurred.
- 4 Grants and Vountary Income received by the restricted funds are made up of:
|Grants
Voluntary Income
2023|Breakfast
Food
Street
Project
Bank
Pastors
Total
£
£
£
£
0
0
0
0
2,579
37,515
40,094|
|---|---|
||2,579
37,515
0
40,094|
||15470
3,900
19,370
2,918
43,316
20
46,254|
||18,388
47,216
20
65,624|
- 5 Resources expended on charitable activities by the restricted funds are made up of:
|Charitable Activites
2023|Breakfast
Food
Project
Bank
Total
£
£
£
14,684
31,652
46,336|
|---|---|
||12,837
32,200
45,037|
6 The investment represents the investment of surplus funds in a Scottish Widows deposit account.
• , JLU Consultancy
The Old Standard keigwin Place Mousehole Pen7ance TR19 6RR
L Ilthdtrhiu
Tel]F.
Kl¢AJile
Em•il..
01736 732070
077187811$6
The TnteeS
Churches Togethcr in Penzance Area
{CTIPA)
35 Fore Strc¢t
N¢wlyn
TR18 5JP
c1 refera.
27 January 2025
INDEPENDENT EXAMII%ER'S REPORT TOTHE TRUSTEESOF CTIPA
I report on ihe accounts of the Tnl for the period ended 31 March 2024. which are attached.
These compris¢ the Statement of Financial Activiti¢s. the Balance Sheet, and the noles to the
accounts.
In connection wilh my examination. no matter has come to my attention to which. in my
opinion, attention should be drawn in order to enable a proFKr understanding of the accounts to
b¢ r¢ached.
John L Underhill