REGISTERED CHARrrY NUMBER: 1203(I13 TC GrP Tr Old Carriage Wtyks M(xesk Comwajl Trii
Stqt¢Dwnt of Adlv6de• B•lg4ceShttt Notu to the FSDllndAI StstemeDts Det•lled St4trmeDt rfFffin•nd Aetlvl¢*s 12 w 13
RT DJ6 PE 2011T031 The tswtccs prrsent thrrir reFhxt with the fina$81 starnents of the dwity the Feri(Ml 16 JLU]e 2023 to 31 March 2024. Tr trusiees have thFtsJ thc pmisi¢Jts of Aiyouthg ¥nd RetKuling by Chariiie5'. sutenni of Rec¢)mmended Pr2Ctice applicabk LO dwilies tryTraring their ¢01t$ in accr WAth the FAnan¢ial Reportln8 Stsndard wlicabl¢ 1¢) the UK Reylblic o(tft]aT¥J (FBS 1021 (efftttive I Januory 2019). OBJECTIVLS AND AcfiviT ObJectlvsond atDLS To bethefit th¢ rcsidcnls of FaIth. Penryn. Mabc and the $urn)unding to adva¢ ducation and io provide facililies for s(tial welfore. rr1( aTrJ leisure ume. To estsblish ar#1 nw¥e a cixnmunity centr¢ fot adivilies Slgnin¢ant adlvldes . Working witha team of vohmthus tonth prts of the old Ships atcastks Centre Petsjemis ctmnmJIYCentt¢. - Workin8 w desi8n trtd 8et fur¥Jing fryanew 25m aryl xIad f4ciliiies. PTrAI¢ benellt Thc Trusiee5 havc brert prvvided with the awity Conllnission Public Berit pJideltrs aTe MhiTthI of them ai the beginning of each Board nKthinB. Voluntee Our40 active VoluterS OIE fWIdan w the ofthe Cornm1ty Cemrt Includin8 0ration of.. . The café . The wion - The Styy play KOJl¢rwy• - Langua8eclasses ACHIEVEMENf AND PERFORMANCE Charlthble acllwltks . Pendennis L¢i5ure CIO with FaJmou¢h Town Council to SUFgC<¢ them w wyire the Ships And c11¢$ Ixisure Centye si from Comwall CowKil. . The chlty look on a kJn8 ie45e the kisfft centsE I1 frLKn FXth Town CowKil on I lth Ats8USt 2023 thtteby It f((>)rnmuftRty use. - Pcth(kntLiS Community Centrc Sept¢mi%r 18th 2023. We cwrcntiy have: - Over pecyle aitrnding fhthcss well.kin8 cla$ a wrek (si OF¢nin8 we have h&Jover3(XXlp4rttcipants). . Stay & Ploy TrwJdler8royp{wttkly iemi lin on W&lnesdays). . Ov¢r40 active voluntecrs. - Organised trairtÉng for ¢Jur volumeers (FSAWIFl Health & Hy8ithe). . 8 lf ritnalIbe1n% Instr pmiblc. . We have cornpletul a design fe£Thi11ty sttbsy. This key faciltii¢s the lo cornmunity has tohl us it would like.. . 25m &laneCoM[IiIl 3MInin$ rml with Sp12t(SeIIn . Teaching ptyA - Ssta[10n gyrn - 2 % fitsiess SlaS . WelltKss srA¢ents
RT DJ6J F THE TRUSTEES R THE PERI FINANCIAL REVIEW Reserves lIcY The chlty intends to IKAds zen) reserves aTrl many the risk by frIastIng ca%h (knw over the next 6 Tr)nths andensurityg Sufflent fimds arc availabl At 31si Mar¢h %)24 the charity held rtserves of £20JI5. Unrestr resefft5 had a derEt of £688 and restricted scrvc5 had ¥ surplus of£21203. The chLty risk by cashllow usiti8 its available fuNts to have the maximwn impa¢¢ to deliver our obJv¢S. Al 31st Mwrh 2024 the chlty is in a BA fillla1 pysitiL with a baok balan(r of £43k. The charity successfully ¢)• a cafè and ex1$¢ ¢la5ses which make a finwKial contribu1r WardS th¢ nmnins c(tsts of the centre. Due io the high operaring and utility ¢05ts of s&h a lar8e ard lnefflent iwildTng some donati grnnts 8J¢ required matntsin fingLa1 viability. ThE Chlty wlll continue to need donaiiotts aThl 8rants ¢0 thke its Jea1Ve$ li is currently in a 8rthl fmancial FAlSition with suffKieni fwth cashlltsw posilive frtthe next year. STRUCTUR& GOVERNANCE AND MANAGEMENT Governing docu0nI The chuiry is controlla4 by itssovuningth¢uw 4 de¢dof¢n ar#1 mnsiitykns 8n clwiry. Apart frtsm the fu5t chaTity truses. every trus¢e£ mum appointyl fcff a temi of thY¢e ye•¥ by a resolution wsed 01 a prowly Convend meaing ofthe ¢htrity trt% Irt seleulng indlvlduals for appointmcni LS charlry (r$es. the charlry nwsi hve re8•id w the sklll8 knowlulg¢ d ¢xtfftien¢e the eff¢¢¢ive administra¢i(m ofthe CIO. REFERENCE AND ADMINisniATIVE DAll RegL%terd Chmrlty numl>er I203(3 PAndpal 8ddrtts H(rf¢l Ana¢apri Gyllyngvase Road FALMOUTH Cornwall TRI14DJ Trwtees M Thomson Chair [ap[lted M J W(KyJbrid8e (4)rA)inl IfA6n023) G L Adams las)poin¢ryJ 1616Q023) C J Lee (apwinled 1&6r20231 Independent Ezamlner IC Group Thc Old Carria8c Wixks Morcsk R02d Tntto Cornw1 Thi IDG
REPORT OF THE TRUSTEES Arfn>irdh otderofthe atbj its knO1r by". M Ihomson. Tru P•8t 3
MINERS RE RT THE TRUSTEES ENNIS LEISURE CIO ldep¢tsdent exRminer's rewirt to the ofP¢ttdtttDls I)re CIO l TerANt to the chaJity trustres rny cxamTrtarion of the of LeiwTr ao (the Th1) for the periLMI 16 June 2023 to 31 March 2024. Respo1bIlIeS and ofreixyl As the chariry tSlee5 of the T you for ts iryW&ti of the aeeounts in with rtquircrnents ofthe Charities kn 2011 Cthe Act). I rep in respect of myexamtti0n of the Tntyl's ¥wmrs caffiul (rtrt UTth 145 of the Ad aTKI in canyÈng out my examrnalion I hAve foljowcd all applicabk Directions given by thc Charity Commission urKkr Se¢tion 14515Xbl of th¢ ACL Independent ¢tynlrter'$staten)etst I have completed my examittaiiffl. I confirni material have to my in connecrion wlth the examiTralion gtving me cause to believe that in •ny material respxt: couotiTrg rtconls not in rE5Faof the Tht0$ye4ud by 130of thE Act: th¢ aLYounts do noi a¢wrd with those re¢d$. or the do Mt comply with the aAaic8bk rtqulrti) WrnIng the fiTh thl content of actounts set oui in the CTharitLC5 IAttounLS snd Rtpjrtsl RegullOnS 2(M cthEr thart any requirement that the give a aThJ fairview which is not & MthtrcorIdered of n INJelexaMiniThj. I have no ¢oncem and have me other mattels in rMli0 with the ¢xam¢naiTh to which •tteniM)Th should bE drnwn in thls retxt in order enable a Fyoper UnthrStsln8of the act¢Junts tobe 0¢he. TC Group The Old Criage Wcffks Moresk RL%I Tn Cornwall Trl IDG
TATEM RIO IALA AR INCOME AND ENIM)WMENI3 FROM Donations arml kwies 45.487 1&5.450 Ch4rltsbl¢ 4¢tlvltles PvIding Buildings. f1]IrIeS a574 21574 Other tr1% *tivities 102( 6x22 10264 6M22 85.147 146.110 EXPENDITURE ON RaL5inB fund5 1519 2J19 Charft•t4e a¢tlvltles Providing Building& fa¢iliiies aryl (yen for rtcrtation 83J16 39,7fll 123.076 Tothl 85.835 39.7(11 125,595 NET INCOMEIIEXPENDrruREI (688) 21203 20JIS TOTAL FUNDS CARRIED FORWARD 1688) 21203 20JIS
EEUDErylllUEISUIiE.CIQ LANCE Totat fw¥t CURREPry ASSETS tkbtilt3 269 22.lfjz 269 4J295 213OJ 22J61 21203 43564 CREDITORS iiwni$ [[M8d on¢ye4r (2J.049) (23.0491 NET CURRETrn ASSET&ILtABILmESI (688) 21203 2V,51) TOTAL ASSETS LESS CURRENr LIABILITIES (688> 21203 20JIS NET ASSETS 1688) 21203 20,515 10 {6881 21203 R¢itri¢led fun& TQTAL FUE 20JIS The miN)xnts iiyte •ppoivJ b). th¢ Bwd of Tno*¢S rtsj for issu¢ 23rd Jthi2S Al¥[¢ s•Jo its wfby.. mThOmn. Tnlllee
•J¥ AL TOJI MAR IOD 16 JiINE 2 H 21124 ACCOUNTING POLICITrS The fthancia] statements of thc clwity. which is a bencfii cniity urtsr TrRS 101 have been preped in arrordance with the Clwities SORP (FRS lir2) 'Acc(thlin8 ond Repxling by Chities.' Statenni of Rcporting Swylord aw>li¢abk in the UK arKI Rwblic of JfflaMI (FRS Iff2) (effedive l Janugry 20191.. Financial Rcpcfting sta 102 Tr Financi Rwtin8 SthrKlard arv]iublc in the UK and Republic or conveniion. Tr ¢haTity isapublic benefiteritity aTkl is 0Xltud aawitsbk <knni5atir Colng concern have Eeen preed accrKdin8ty. Key sour¢¢8•f¢sllmallon vMrtalnly The charity makes &Stimatrs arKi LssUmpW the Tr r¢suJtin8 Wling estimat¢5 wryll, by d¢finiiion. selthjm equal the related actual results. The es1imate5 &r¥J assum)$ that have a iisk ol causing a rnaterial adjusrnxni w the ¢¥ryin8 ants of A55ets li111[1¢5 within the nexi fmancial ye¥r ar¢ addre5s&4 below. CrfU¢A] Judgements The tee5 do b¢ll¢ve there arE any erltkxl Jts have iren In oplylrtg the ¢harttles' occountLn8 policies. Income IKome from &wtioThs ts rffo8nised in thE Sthtrmeni of FthwKial Aaivities the choriry I eniitlemeni fimds. li is rKrknable irKorne will be R£eived aj ts amount can be me4surul reliably. IKom¢ fr( In¢118 8ov¢rnm#rt ts. i8 when tht ¢hariry has eThtitlement to the funds gnd any conditions the grants have been Iyhere perflxmantt ¢0[ltionS oua¢hed the 8rani and yet to t¢ the income is rttognis¥J as a liability aTrJ inclwjuj in thc bkn 6hed def¢rrgA irwm¢ to releas¢ ItKome from trwjing tivities in¢ludin8 exuciK rllsses tnd ¢tfc is gniSed (ffi the basis of when the service is deliveted. Expendltu LiGbilities wised &8 eXpd1Th AS Sfy)n as thwe Is a kgal ( 1CtiVe d)li8auon eommitting the charity LO that expenditure. it is ryobabk that a traLsfer of eL¥)nomir benefits will requitul in s¢ttl¢m¢ni Jnd the of the obligation reliably. Ex1¢e is 8ecoLmtrd f()r an arr0S basi5 and has bcen ¢Ilfd unts helings that a88rega a]1 c(M rei&tcd to th¢ categiry. Whuc ¢osts can11 be dirxdy ltribu particular IadIngS they have ten all(atrd w x¢ivi¢ie5 on a basis C7$nI with th¢ use of Ch8rll•bk•¢ti¥l¢ks The objects of thc chariry *E to txtrfii the reside1 of FalnK¥th Pattyn. Mabe arwj the swroundin8 are4 to advance education 8nd to pwvide f7]¢$ for w¢lftt4 Ittreir 8nd leisure rime. To es¢abli$h atwj TsJxHtIott tinwl.,.
ATE UYE2017T031 M CH 2024 ACCOUPfflNG POLICILS.CODtlnued Fund Unrestricwl can used in with the charitsbk ObJ)Ve$ •thedi%Yetion of the trustces. Furtherexplknxtion ofthe fiXtt fimd is in th. tothe. financiRI ststemtntS Flnanclgl Ins¢rumtnts The chArity clected to apply the rffovisirxt5 of Seclion 11 Basi¢ FJnan¢ial Jnstnwts, atyj Section 12 '0ther Financi31 fn5tnunenLS' toalj of its finwKial in4ftts. B4Jlc lIndl A%stts Basic financial asse which include de5 are iniiially mea%urul 01 traAsactirAt price incI1n3 transadi¢Jn c¢)sts and ore subsequthtly ctittied at cosr using the effective inwem metknd unless the IThBement constitute5 a financit)8 transacllon. where the )ssrf is 81 the preseni value of th¢ futswe tt¢eipts dE5Wled i • ofirthesL Fin&r¢S] other than those hem at fatr Val thrw8h ryofit WMI Iw are asse5suI for indicators of impairnt ui¢h end date. FinwKial fyssets are impair•J whczr there is obicthive evirkrtte that. as a ruuli of one n) events that oc¢uThcd after th¢ inttial rKoRniiion of the fiftwKial 8sseL the ruth IIows hv¢ been affethed. If sset is impoirgj. th¢ impaimrtt Joss is the diffcrcrte bcNeen earryirtg amount w)d the t¢sethi vilue of the csiimalcd c&th flows diOuN¢d 8¢ the &vefs l&Inal eifeaive interest rate. Thr impairment 105$ is rwnised in Frfofit or Iw. Boslc nnandal U•bllltles Basic finatKial liabilii5e& incIlIng ¢rtJe tyhtr crediwr& aft Initially rwnil ¥1 tramsaalon price unle5$ the arrangemen¢ conslittrtes a finarting wljert the debt insmjw is Murl at the wesent value of the fuwrepayments dismund at a maTkdT ofinmsL Fi¢wKilll lÉabilities are ([Y wlm tr¢ charity's contractual obli84tiw are dischd. catKell¢d. wihey expire. DONATIONS AND LEGACIES 38,480 8.128 59,842 DotWliOn5 Grnnts I.4) Grants receivuL IT1 in the aiTh4 are follow& Cornwall CoUrlI CoTwall CommLtnity FoutLdati¢ National Grid Electr1 30.080 20.(KKI 9.762 59.842
LE TrIN srATE R THEPE OTHER TRADING AcfiviTIFS IO264 INCOME FROM CHARITABLE AcnvmFS Athivity Providing Buildi f¥il¢ties (vt 17J78 PmvidLII8 Buildin8& fxiliti¢s op spaces forrrfr¢atic Pmviding BuildinB4 fxiliiits and 01 RIx hir¢ T(xlditt stssions w¥J tsble hire 3,426 1570 22574 SupFKxt sts {see note 6) Totals Prnvmling Buildings. fxllilies aThl open 5wees forreueation 14.937 I(.139 123.076 SUPPORT COST8 Providing Buildlb)gs. fr<iJilies open 101433 108,139 TRUSTEFS, REMIINERATION AND BENEs Trre were no trpAte¢$' Temunerntionix Clhri for aKltrJ 31 Mah 2024. behalf of the charity to¢allin8 £4213. DEBTORS: AMouTrlls FALLING DiIE wmiiN ONE YEAR contin1...
TES TO THE FINANCIAL sfATE FOR THE PERIOD 16JUNE 211LI T H 2024 CREDrro]LS: AMOUNTS FALLING DUE IvfniiN ONE YEAR 5.980 17,C63 Other¢reditors 23.049 10. MOVEMEPn IN FUNDS Nd K>v¢me in furKIs Ai 3113r24 General fund (688) (688) Rtttrlrted fvnds Cornwall Coul11- C(tThw211 C(*i)lor Commurtity Cl% LAurie Magowan Cornwall CommuThity Foythion. VCSE Health Improvernent Furhd 3,482 721 3A82 721 17.(KK) 17.C(Q 21.203 21.203 J15 20J15 movement in IrKI in are as foll ITKomthg Movement in furwjs expided UnreOrlctod fvnds GetteThJ fuMI 85.147 {85,835) (688) R¢s¢rkted Cornwall Community FJ1r0- Community Adivity Cornw211 Council. Gr¥)1 Growryh Hub Naiiojul Grid Ekctricity Distrib] Cornwall CourKil. Cornwall CollKil ComTnunity CTh¢st Laurie Ma8owan Comwall Community FouThJ4Th- VCSE Health Improve1 Fund (3.OJ)) (2fj.998) (9,762) 9,762 3,482 721 3.482 721 17.(Ml 17.(MX) (39,760) 21WJ TOTAL FUNDS 14AiIO (125595) 20515 CornT¥?11 ConJmunl¢y Found4thb#- Cowmunily A¢tivlty This fut¥J rq)rescnts 8 rn rcttivtd frn the Clxnwall COMM1 f¢x tsainin& 5¢W. llitieS st equipmenL CornwAII CouD¢II. Good GroTrlb Hub This fund represents a grani rcccived fm the Comwall CrAllril kn pmfrssional fees Inc111ng ar¢hitrL surveytr. strWtUr ¢th8ineuin8 f Page io continued..
ERIOD 16 JUNE 21)23 TO 31 MARCH 2024 IIX MOVEMETrrr IN FUNDS.fonllnu¢d Nallonal Grld Trjectrkliy DLs(rfbullo This fundrepTtten¢s a gmi reeeivcd fTDm the National Grid STMI utilities. Cornwam Coun¢ll. Cornw•U Couwll Comthunlty Chest This represents tunds receÉved from the Comwall Cth11 Comnwity (YSt frjroutside lights. L4urle M8goiTaD Cornwall CommuDIty FouDdAtlon. V(SE Health Improve1 Futtd This fuMI repttsents i pant Reeived frLTh the cwall cornm1 FatIL¥1 fcff 5alari4 tr2inin& a1Vity Costs aTrJ utilities. ii. REIATED PARTY DISCLOSURES On 16 June 2023 Pen&nnis Leisure Cornmunity Interest COmpY (Company Number. I3793)). in whi¢h 1 th¢ iN$*es of the CIO wcre directr. thMhate4 of its assets of £38.478 w the CIO. Pagell
tyiu¥¥i 'E 2023T031 MARCH 21)24 FOR THE PERIOD 16 J INCOME AND ENDOWMEpns Don8tion5 Rnd leg8cle DDnation fwmPenLknnis LxigMc ac tknaiio GrAAts 38.480 8,128 59I42 ICfi450 Other tradln8 #dlvllles Cafe irKome 10264 Ch¥rlt8ble 8dlvltles Exercis¢ Class it)come Rth)m hiTE Toddltt sessions and thble hi 17J78 3.426 l J70 22J74 ¢Jher lrteome Radio m&6t 6J22 822 Totsl In¢omln8 rtsourees 14AIIO EXPENDfruRE Other trodln8 artlvlll Cafeeosts 2J19 Cknrlthble #ttlvltl Ext1$¢ ¢ls$ costs 14,937 Sypport e<ts MonAgemenl Raies water Insurdnce Lighi gnd h Advertisin8 6J34 1499 13.951 212 Futtre f9 KwojecttxKWS Subscription5 Trninins Seeority EquipnKnt 53.996 .793 912 2.687 19J41 101433 Pagc 12
DETAIIED R THE PERY Wnance Bonk charges A¢countaNcy and legal fees Prnfe55ion81 fe 3,180 1428 115.595 Ne¢ lfj¢omt 20515 Pa8e 13