REGISTERED CHARrrY NUMBER: 1203(I13
TC Gr￿P
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￿$81 sta*rnents of the dwity the Feri(Ml 16 JLU]e 2023 to
31 March 2024. Tr trusiees have thFtsJ thc pmisi¢Jts of Aiyouthg ¥nd RetKuling by Chariiie5'. suten￿ni of
Rec¢)mmended Pr2Ctice applicabk LO dwilies tryTraring their ￿¢0￿1t$ 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
ObJectlv*sond atDLS
To bethefit th¢ rcsidcnls of FaI￿￿th. Penryn. Mabc and the $urn)unding to adva￿¢ ducation and io provide
facililies for s(tial welfore. r￿r￿1(￿ aTrJ leisure ume. To estsblish ar#1 nw¥e a cixnmunity centr¢ fot adivilies
Slgnin¢ant adlvldes
. Working witha team of vohmthus tonth prts of the old Ships a￿tcastks Centre ￿ Petsjemis ctmnm￿JIYCentt¢.
- Workin8 w desi8n trtd 8et fur¥Jing fryanew 25m aryl ￿xIa￿d f4ciliiies.
P￿TrAI¢ benellt
Thc Trusiee5 havc brert prvvided with the awity Conllnission Public Be￿rit pJideltr*s aTe MhiTthI of them ai
the beginning of each Board nKthinB.
Voluntee
Our40 active Volu￿terS OIE fWIdan￿ w the ofthe Cornm￿1ty Cemrt Includin8 0￿ration of..
. The café
. The wion
- The Styy play KOJl¢rwy•
- Langua8eclasses
ACHIEVEMENf AND PERFORMANCE
Charlthble acllwltks
. Pendennis L¢i5ure CIO with FaJmou¢h Town Council to SUFgC<¢ them w wyire the Ships And c￿11¢$
Ixisure Centye si* from Comwall CowKil.
. The ch￿lty look on a kJn8 ie45e the kisfft centsE I￿1 frLKn F￿￿X￿th 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 (FSAWIF￿￿l Health & Hy8ithe).
. 8 ￿lf ritna￿lIbe1n% 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￿ 3￿MInin$ rml with Sp￿12t(￿Se￿IIn￿
. Teaching ptyA
- S￿sta[10n gyrn
- 2 % fitsiess S￿laS
. WelltKss srA¢ents

RT
DJ6J
F THE TRUSTEES
R THE PERI
FINANCIAL REVIEW
Reserves ￿lIcY
The ch￿lty intends to IKAds zen) reserves aTrl many the risk by frI￿astIng ca%h (knw over the next 6
Tr￿)nths andensurityg Suff￿lent fimds arc availabl
At 31si Mar¢h %)24 the charity held rtserves of £20JI5. Unrestr￿￿ resefft5 had a der￿Et of £688 and restricted
scrvc5 had ¥ surplus of£21203.
The ch￿Lty risk by cashllow usiti8 its available fuNts to have the maximwn impa¢¢ to deliver our
obJ￿￿v¢S.
Al 31st Mwrh 2024 the ch￿lty is in a B￿A fill￿￿la1 pysitiL￿ with a baok balan(r of £43k. The charity successfully
¢)• a cafè and ex￿1$¢ ¢la5ses which make a finwKial contribu1r￿ ￿WardS th¢ nmnins c(tsts of the centre. Due io
the high operaring and utility ¢05ts of s&h a lar8e ard lneff￿lent iwildTng some donati￿ grnnts 8J¢
required ￿ matntsin fing￿La1 viability.
ThE Ch￿lty wlll continue to need donaiiotts aThl 8rants ¢0 thke its ￿Jea1Ve$ li is currently in a 8rthl fmancial
FAlSition with suffKieni fwth cashlltsw posilive frtthe next year.
STRUCTUR& GOVERNANCE AND MANAGEMENT
Governing docu0￿nI
The chuiry is controlla4 by itssovuningth¢uw 4 de¢dof¢n￿ ar#1 mnsiitykns 8n clwiry.
Apart frtsm the fu5t chaTity trus*es. every trus¢e£ mum ￿ appointyl fcff a temi of thY¢e ye•¥ by a resolution wsed 01 a
prowly Conven￿d meaing ofthe ¢htrity tr￿t￿%
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 D￿All
RegL%ter*d Chmrlty numl>er
I203(￿3
PAndpal 8ddrtts
H(rf¢l Ana¢apri
Gyllyngvase Road
FALMOUTH
Cornwall
TRI14DJ
Trwtees
M Thomson Chair [ap[￿l￿ted
M J W(KyJbrid8e (4)rA)in￿l 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
Cornw￿1
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
l*dep¢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 Th￿1) for the periLMI
16 June 2023 to 31 March 2024.
Respo1￿bI￿lIeS and ofreixyl
As the chariry t￿Slee5 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 myexamt￿ti0n 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'$staten)etst
I have completed my examittaiiffl. I confirni material have to my in connecrion wlth the
examiTralion gtving me cause to believe that in •ny material respxt:
couotiTrg rtconls not in rE5Faof the Th￿t0$ye4u￿d by 130of thE Act:
th¢ aLYounts do noi a¢wrd with those re¢￿d$. or
the do Mt comply with the aAaic8bk rtqulrti)￿￿ W￿rnIng the fiTh thl content of actounts set oui
in the CTharitLC5 IAttounLS snd Rtpjrtsl Regul￿lOnS 2(M cthEr thart any requirement that the give a
aThJ fairview which is not & Mthtrcor￿Idered of *n INJe￿lexaMin￿iThj.
I have no ¢oncem and have ￿me other mattels in r￿M￿li0￿ with the ¢xam¢nai*Th to which •tteniM)Th should
bE drnwn in thls ret*xt in order ￿ enable a Fyoper UnthrSts￿ln8of the act¢Junts tobe ￿0¢he￿.
TC Group
The Old C*riage 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
P￿vIding Buildings. f￿1]IrIeS
a574
21574
Other tr￿1￿% *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..
mThOm￿n. Tnlllee

•J¥
AL
TOJI MAR
IOD 16 JiINE 2
H 21124
ACCOUNTING POLICITrS
The fthancia] statements of thc clwity. which is a bencfii cniity urts*r TrRS 101 have been prep￿ed in
arrordance with the Clwities SORP (FRS lir2) 'Acc(thlin8 ond Repxling by Ch*ities.' Staten*ni 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 0X￿ltu*d ￿ aawitsbk <knni5atir
Colng concern
have Eeen pre￿￿ed accrKdin8ty.
Key sour¢¢8•f¢sllmallon vM*rtalnly
The charity makes &Stimatrs arKi LssUmpW￿ the Tr r¢suJtin8 *W￿ling 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 an￿￿￿ts of A55ets li￿111[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 J￿ts 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 a￿j ts amount can be me4surul reliably.
IKom¢ fr(￿ In¢1￿1￿8 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 eXp￿d1Th￿ AS Sfy)n as thwe Is a kgal (* ￿1￿CtiVe 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. Ex￿￿1¢￿e is 8ecoLmtrd f()r an arr0￿S basi5 and has
bcen ¢I￿lf￿d unts he*lings that a88rega* a]1 c(M rei&tcd to th¢ categiry. Whuc ¢osts can1￿1 be dirxdy
ltribu￿ ￿ particular I￿adIngS they have t*en all(￿atrd w x¢ivi¢ie5 on a basis C￿￿7$*nI with th¢ use of
Ch8rll•bk•¢ti¥l¢ks
The objects of thc chariry *E to txtrfii the reside1￿ of FalnK¥th Pattyn. Mabe arwj the swroundin8 are4 to
advance education 8nd to pwvide f￿7]￿¢$ for w¢lftt4 Ittre￿ir￿ 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 fiXt￿t 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 in4ft￿ts.
B4Jlc lI￿nd￿l A%stts
Basic financial asse￿ which include de￿*￿5 are iniiially mea%urul 01 traAsactirAt price incI￿1n3
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 dE5W￿led i • ofirthesL
Fin&r￿¢S] other than those hem at fatr Val￿ thrw8h ryofit WMI Iw are asse5suI for indicators of
impairn￿t 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¢ impaim*rtt Joss is the diffcrcrte bcNeen earryirtg amount w)d the t*¢sethi vilue of the
csiimalcd c&th flows di￿OuN¢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& incI￿lIng ¢rt*Je tyhtr crediwr& aft Initially rwni￿l ¥1 tramsaalon price unle5$
the arrangemen¢ conslittrtes a finarting wljert the debt insmjw is M￿ur￿l at the wesent value of
the fuwrepayments dismun*d at a maTkdT* ofinmsL
Fi¢wKilll lÉabilities are (￿[Y wlm tr¢ charity's contractual obli84tiw￿ are disch￿d.
catKell¢d. wihey expire.
DONATIONS AND LEGACIES
38,480
8.128
59,842
DotWliOn5
Grnnts
I￿.4￿)
Grants receivuL IT￿1￿ in the aiTh4 are ￿ follow&
Cornwall CoUr￿lI
CoTwall CommLtnity FoutLdati¢
National Grid Electr￿1￿
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 0￿1
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 BENE￿s
Trre were no trpAte¢$' Temunerntionix Clh￿￿ri￿ for aKltrJ 31 Ma￿h 2024.
behalf of the charity to¢allin8 £4213.
DEBTORS: AMouTrlls FALLING DiIE wmiiN ONE YEAR
contin￿1...

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 Coul￿11- 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 F￿J￿￿1r0-
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 Improve￿￿1 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 fr￿n the Clxnwall COMM￿1￿ 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 Inc1￿11ng 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 Cth￿11 Comnwity (Y￿St frjroutside lights.
L4urle M8goiTaD
Cornwall CommuDIty FouDdAtlon. V(SE Health Improve￿1 Futtd
This fuMI repttsents i pant Reeived frLTh the c￿￿wall cornm￿1￿ Fa￿￿tIL¥1 fcff 5alari4 tr2inin& a￿1Vity
Costs aTrJ utilities.
ii.
REIATED PARTY DISCLOSURES
On 16 June 2023 Pen&nnis Leisure Cornmunity Interest COmp￿Y (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
Ext￿1$¢ ¢l*s$ costs
14,937
Sypport e<*ts
MonAgemenl
Raies water
Insurdnce
Lighi gnd h
Advertisin8
6J34
1499
13.951
212
Futtre f￿￿9 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