Trustees. Annual Report for the period vOyw iiiyiitsi yr ijay Year 2024 01 Jan 2024 To 3 Section A Reference and administration details Ch•rity n•mg Ponzance Ljtorary Fmtlval Olh•r n•mg• ¢har¥ty i• known by Pz LitiCe•t Reglstorod charity nwnb•r (rf any) 1168422 Charf* princip•1 •ddrM• Parade Street peranCe TR18 48U Nama• of tho ch•rity trustw• m•nag• th• charity R Viney RC KnvJht L Carne J Pestl6 Chair S8cretary Treasurer P Hunter L Rogers R Augstein D Thomps G Claave Jan -Oct 2024 10 MFoty l Montagn From April 2024 From AO. 2024 11 12 13 14 15 16 17 18 19 20 N•mM of thg tru•t•e• for tho charlty. If ary. (for example. any cu¥todian tru•toM) Name TAR
Name• and addrosMs of advisarn {Option•l Inforniation of advi•gr Address N•me of ¢hiof ox•cutsv• or nama• of nior staff Mornra IOpti¢>nl infomation} Section B Structure, overnance and mana ement D8•¢rlptlon of th• charity'• tru¥ts the tharity 15 rx>nstiiuted Foundation AFyxnlrnent Addltlonl govem•nco Is•u•• Ioptional Infom) You may ¢hooso to include additn81 informatn. where reant, at¥Jrt.' IKies and PrCadureS Jopted for the induclw)n arKI training of trustees.. the thariWs organisation structure and any w*Jer network with whh the charity works.. felationship any related parties: major risks and the system and procedures to manage them. Section C Ob"ectives and activities To promote the arts for the Wb1 benefft. and in Partr the art of literatyre, by ts estab1hrnent Maintenan of an annual arts Summ•ry of tho obi•cts oftho charity ••t out in its govoming do¢um•nt To a(fvance the edUCat)n of the public by promoting and provh4ing OPFXlrtunities for the apprecithn, UndStanding and enjoyment of TAR 1¥th 2012
Trust885. having rnad the Charity commiss.5 Gumlance on wbl benefft, have taken due regard of these requirefflents when exercising their FQ4¥eTS and duties and in running the annual four-day Lrterary FestNal ILitFestl in Penzance and associ events. To ensure the annual LitFe5t ha5 8 WKle appeal it uses o)mmunity venues for events to keep costs and ticket PreS to a minimum. These events are open to all. with admission charyes kept as kM as possiblg, wrth price Ox)ncssnS for Ihose receiwng tefftS. Sufflmary of the maln activiti undertaken for th• public bfrn•fft in rglation to th888 objects Iln¢ludo wlthln th1• $e¢tion tha statutory declaration that trte havo had regard to th• guidance luu8d by tho Charity CommS•slon on publlc bgn•fiti The Trustee5 work dosety wilh othw kxal organtsat#)ns. including pthcrfJLs. In additM)n to the proJrammeA Juty feslrval we also facilitated an Otrtreach sessKJn at Humphry Davy School. wh8re Young Adutt author Kalh Morgan ran a w0shoP for Year 9 students as part of their English tiffÈtable. And we arranged for Australran author Kale Forsyth lQueen of Fairy Taks) to run a Saturday morning storytelling session for chiklren at Penzance Lrary. Additional d•tall• of obioctsvo• •nd •¢tiviti•8 (Optional infomkn) The annual Literary Feslival organise(t and run entirety by a small group of unpaKI volunte8r5. The Organising Commrttee of w met regularty thmughout the year and during the event 20 other volunteers helF¢d with njnning the events ea day. on the (kK)r. as stvards. venue rnanag5. meeters & greeler5. etc. You m•y ¢h¢x)M to indude further statements. where rglevant. aLKJut.' The charity is adrrfety seeking greater funding for 2025 and beyond so that all IntributOrS can be paid in line with the Scvety of Autho¢s gul81ing5. policy on gf8ntmaking', policy prcgramm8 relate4J investment., cOntribUtk made Volunteers. TAR 2012
Section D Achievements and performance Summary of th• main a¢hi•v•rnnts of the charity durfng th? year The 13kn annual Penzan( Literary Festwal, hekl from 2 to 6 Juty 2024. was ono of the most $CeSSl the festival tegan in 2010. Penzance Town Counal support1 Ihe 2024 LitFest with a £3.¢ grant. This. together with other funding and iTrkind SUPFrt enabled us to wnmit to a wid& ranging prcgTaM, with 45 events offering our aUdnceS a blend of emwging and welknOWn authors, perfomHnces and a series of workshops. author events in the evenings to allow access for those in fulktKne empknyment or education. Both Ann Cleeves (of Vera, and 'Shetland' fame) and Louise Doughty (t knuwn for Appletroe Y8 and Platfonn Nine) appeared as evening headliners and were Trded a great tumout. In other evening sessions: Jim cauSy. Miranda Sykes and John Palmer entertained a full house wfrth songs and tales of ghosts. w8rvwofves and county folk.. we aL80 featured a reading wrth the Penzancethbas8d FXt Katrina Naomi and a sessh)n on the history of cartrmiing wth Hary Venning. before finishing on a hwJh note with the ever-popular Great Bh3 LrtFest Quiz. We also expand our creative writing workshop prr4ramme to run over fve days (rather than frr as prevA?usty) with our &se5sMJn 'LrtFest GuKle to Novel Writing. proviryJ extre popular. All our rykshops sold whth was a first. Humphry Davy Schwl. where Young Adult author Kath Morgan ran a worksh¢Jp for Year 9 students as part of their English timetable. And we aanged for Australian author l(ate Forsyth (Queen of Fairy Taksl to run a Saturday )ming storytdling se5sn for thiklren at Penzance knbrary. Wo maintained the ticet for our dayts.me author events at £6 and our tsvo• hour workshops at £20. Our 8udnce seemed to applate thr&, as attested by a nsIstent stream of ttht sales from the the box office opened and by the number CA 8okkout events. A total of 1,550 tthts were sohj (1,541 in 20231 We had 199 resFYW to our Ixssl.LiiFest sumy, and the C[Ments are invaluable for pknnning fubJre Program. 68.1% of respondents arg bcal support5 of tho LitFe5t fftjm Penzan¢e arKI within len miles of tha ttr4m. 31.8% are from further afEld arKVor outsM48 of Comwall. (x)nlributing to the Iccal economy and spreading the word about reser¥ed a book by a LilFe author from their kxal Ibrnry. 73.8% rated LilFest events as gxKI or eX1t value 70.8% wouhj be prepared to w a htue Thye for their trkets. 44.1% are 'defmrtety' ccrnilied to attonding the 2025 LitF8st d a fvrther 'wcthtAy will.. TAR 2012
Section E Financial review Brief 8tstem•nt of tho charity's poll¢y on rv D•tall¥ of aTry fund• matsrfalty in doficlt Furthor Iln•nclal revlow dfrtalls (Optlonal Inforniallon) Income total - £16.29S You rnay Chi)0 to indud8 add((ional informalton, where rekvanl abouL" the charity'¥ pfinc4pal sources of fvnds {including any fvndraising)- how expenditure has support8d the key obieclv of the charity., in¥esknenl and oty'eclives including any ethKal investment pol .tickets. sa* and (xrfnmission £10.855 .adverts £620 4Jrnnts and SFKmSOf5hF £4.225 41orbakns £595 T¢>tal •xp•ndilur• . £12,483 Main items ofexpendrfu - venues & thnl suPrt £2,31KI -speaker fees and expenses- £5,LXMI -publty £2,823 -general event exFVKliiure. £1.597 Balance income ¥ exFendtture- £3.837 8ank account 01.01.24- £4547 Bank a(wunt 01.02.25. £ 3.856 + £5.012 (Gokl ALXOUrt) Total £8.868 Good• In klnd - GVbR (rail warrants) £1.104 - Venues £120 Section F Other optional information TAR 2012
Section G Declaration Slgngd on behalf ot tho ClIty'S tru•t••• Sign•turnq•l Tri Full n•mg(•) Po•ltlon (ag Socrntary. Chalr. RAG4LL OI/tsy CHd/ 20Z5 TAR M•rth 2012
Income 2022 2023 2024 Grants Donatlons, Gift Aid Programme adverts Ticket & other sales Total income 250 4,225 595 620 10,8S5 16.295 4CM) 540 9,332 12.372 Expondltur• Venues Technical assistance Professional fees Ex%ratla payments Insurance Bank charges Publlcity Running expenses Team expenses Contributor oxpensoslfe Expenses - admin, post Speclal events Total expenditurn Profit Ilossl 11.175) (415} 16CK)} {1,5751 15001 16001 11.8001 {sooi (152) (781 11.82n 805} 1426} 13.536) (140} 11291 19.283) 12 2791 1152) 158) (1.9951 14591 14291 {6,4131 13461 11241 112 v511 12791 12151 12.8231 11.5971 {3111 Is,000 11821 112,428) 3,837 CAF Bank balance [31 Dec] 4,547 8,868 Penzance LitFest Accounts for 2024 TAR 2012