## **ANNUAL REPORT TO THE CHARITY COMMISSION** 

## **THE ROTARY SHOP OF PENZANCE** 

## **A CHARITABLE INCORPORATED ORGANISATION (CIO)** 

## **Registered Charity Number 1194977** 

The Rotary Shop of Penzance was formed as a CIO in June 2021. The Charity has 8 Trustees. 

For the duration of this accounting period the Trustees were: 

Robin Butler Nigel Clark Susan Home Dee Lucking David Mayo Zena Muth – Secretary John Underhill - Treasurer Russell Whitlock 

The charity does not employ anyone but has 42 volunteers who serve in the shop, as well as assisting in the sorting, cleaning, pricing and displaying of pre-loved goods. 

The objective of the shop is the relief of the poor and needy in Penzance, in Cornwall or in any other part of the United Kingdom. 

The Trustees award grants out of the net income of the CIO. 

During the Covid-19 pandemic the shop was not able to operate. Once the government relaxed the restrictions on shops trading the shop re-opened, albeit with limited hours and days. This was partly due to the demographics of the volunteers (most of whom are retirees) and due to the uncertainty as to how the virus was spreading in the community. 

Since the  summer of 2022 shop has been open 6 days a week, from 10.30 to 3.30. The recent downturn in the economy and the increase in fuel costs has made the shop more important for those who have limited budgets. 

[Type here] 



Rotsry Shop of Penzan¢o
Annual accounts for the
01 Jufy 2021
To
Charty No
ifan
11949n
od
Puiod stsrt ¢Jat•
30 June 2022
Section A
Statement of financial activities
R•comrnend•d
t•gorl•s by actlvlty O¢t*lts Of *Mlysl•
Unr••trictyd incomt Endowrn•rt Tot•1 th1•
funds
fund$
Incomlng
R•v•rtu• from tr•dSn
•ctlvttl••
u￿t
32.121
32.121
685
32.81
32,806
R••oure•• •xp•nd•d
Exp•ndltur• on trndMg
aGtlvttl
Rwrt 4nd r•t•s
Insurance
UUI￿11$
Re
airs and
Volunl•orweffar•
8ank char
12,848
392
659
1,704
160
272
18.033
12,848
392
659
1,704
160
272
18.033
es
Surplusfrom trIdI￿ •thlll
16,773
16,773
Chartt•bl• •cthiltl••
Grants p•id
Mount3
Rcla
Penzance Rota
Penzance YMCA
12.5C(J
12,5C
12.500
12.500
500
Tot•1 rn•¢)urcu •xp•nd•d
2S,SCrf)
25,500
18,7271
18.7271
18.7271
18.7271
18,727)
22.954
14,227
(8.727}
22.9S4
14,227
Tolal lund• brought forward

Rolary sI￿p of P•nzance
Annual accounts for the
01 July 2Q21
To
Charty No
1194977
Period start d8t•
JO 2022
Section B
Statement of financial position
Unr•strlei•d Incon￿ End￿￿￿Trt Totsl th
fund•
fvnd•
funds
Fixed assets
Tanglble auots
(Not• 9)
Total trVx•d as¥•ts
Current assets
C••h at b•nk •nd In
h•nd
Tothl curtvnt •H•l*
15,227
IS,227
Credltors: amount•
f•lllng duo YAthln on•
N•t ¢un•ntau•l8
Tot•l4M•l•
Fund8 of the Charity
Unrn•trlct•d fwbd• R•nt r•a•rv•
R•p•irs rnseTh•
Trading Su￿ul
6,419
8,419
rot•1 fvnds
sign￿ by INiiees on
b•hall of #ll th• trustees
Print Name
INDEPENDENT EXAMINER'S REPORT
I report on the accounts 01 th8 Rotary Shcy of Penzance for the year ended 30 June 2022, at<*ve.
These compd$8 the Statement of FinancAal Actbvities and the S￿￿ement of Financbal Posth"on.
In connectiffl vAth my examifiatK)n, no matter has ts)me lo my attenbon to in my 0ixn￿l,
attention Should be drthbr li ordgr to tsy)able a rKcper undorntanth'ng of the accou)ts to be reachod.
Paul Durkln
>3

Rotsry Shop of Penzan¢o
Annual accounts for the
01 Jufy 2021
To
Charty No
ifan
11949n
od
Puiod stsrt ¢Jat•
30 June 2022
Section A
Statement of financial activities
R•comrnend•d
t•gorl•s by actlvlty O¢t*lts Of *Mlysl•
Unr••trictyd incomt Endowrn•rt Tot•1 th1•
funds
fund$
Incomlng
R•v•rtu• from tr•dSn
•ctlvttl••
u￿t
32.121
32.121
685
32.81
32,806
R••oure•• •xp•nd•d
Exp•ndltur• on trndMg
aGtlvttl
Rwrt 4nd r•t•s
Insurance
UUI￿11$
Re
airs and
Volunl•orweffar•
8ank char
12,848
392
659
1,704
160
272
18.033
12,848
392
659
1,704
160
272
18.033
es
Surplusfrom trIdI￿ •thlll
16,773
16,773
Chartt•bl• •cthiltl••
Grants p•id
Mount3
Rcla
Penzance Rota
Penzance YMCA
12.5C(J
12,5C
12.500
12.500
500
Tot•1 rn•¢)urcu •xp•nd•d
2S,SCrf)
25,500
18,7271
18.7271
18.7271
18.7271
18,727)
22.954
14,227
(8.727}
22.9S4
14,227
Tolal lund• brought forward

Rolary sI￿p of P•nzance
Annual accounts for the
01 July 2Q21
To
Charty No
1194977
Period start d8t•
JO 2022
Section B
Statement of financial position
Unr•strlei•d Incon￿ End￿￿￿Trt Totsl th
fund•
fvnd•
funds
Fixed assets
Tanglble auots
(Not• 9)
Total trVx•d as¥•ts
Current assets
C••h at b•nk •nd In
h•nd
Tothl curtvnt •H•l*
15,227
IS,227
Credltors: amount•
f•lllng duo YAthln on•
N•t ¢un•ntau•l8
Tot•l4M•l•
Fund8 of the Charity
Unrn•trlct•d fwbd• R•nt r•a•rv•
R•p•irs rnseTh•
Trading Su￿ul
6,419
8,419
rot•1 fvnds
sign￿ by INiiees on
b•hall of #ll th• trustees
Print Name
INDEPENDENT EXAMINER'S REPORT
I report on the accounts 01 th8 Rotary Shcy of Penzance for the year ended 30 June 2022, at<*ve.
These compd$8 the Statement of FinancAal Actbvities and the S￿￿ement of Financbal Posth"on.
In connectiffl vAth my examifiatK)n, no matter has ts)me lo my attenbon to in my 0ixn￿l,
attention Should be drthbr li ordgr to tsy)able a rKcper undorntanth'ng of the accou)ts to be reachod.
Paul Durkln
>3