## **THE FRIENDS OF PENLEE HOUSE GALLERY AND MUSEUM Charity no 1206841** ## **ANNUAL REPORT OF THE BOARD OF TRUSTEES 2 FEBURARY 2024 -31 March 2025** The Charity was registered on 2 February 2024 and is the successor Charitable Incorporated Organisation to the unincorporated Charity of the same name (Charity no 1001644). The predecessor Charity delivered all activities up to 31 March 2025, the date of transfer of its assets to this charity. Memberships were also transferred on that date. Prior to 31 March, the work of the Trustees related to governance matters as described below. The Trustees of both Charities held 7 joint meetings during the period covered by this report. Where decisions pertained to one of the Charities, they have been made by those who are trustees of that Charity and minuted accordingly. ## _Governance_ A register of Trustees’ interests has been established for this Charity and protocols for appointing trustees are in place. We have agreed a statement of Financial Controls and Procedures; set up a Risk Register; and updated the Data Protection Policy. We have also agreed a Bullying and Harassment Policy. Including the policies taken over from the predecessor Charity, we have policies covering all relevant recommendations of the Charity Commission. The Trustees carried out a skills audit in early 2025 and will use this to identify skills gaps and seek to recruit accordingly. We use a regularly updated action plan to coordinate work and keep progress on our priorities in mind. ## _Preparation for the 2025/6 Accounting Year_ During this period, the Trustees agreed the Charity’s budget and financial statement for the 2025/6 accounting year. They agreed on developments in the activities of the Charity which will be reported fully at the end of the next accounting year (31 March 2025). These include the introduction of a `Benefactors’ scheme and a campaign to increase legacy-giving. The Trustees will continue the portfolio of activities of the predecessor Charity. The Trustees will continue their relationship with Penzance Council through the Penlee House Partnership. We wish to thank the Town Council and staff at Penlee House for their support: Anna Renton, Director; Verity Anthony, Director – maternity cover; Katie Herbert, 1 Curator/Deputy Director; Sandra Paternotte, Administrator; and Maisy-Sky Lumbers, Marketing Assistant; James Hardy, Penzance Town Clerk. We thank our President and Vice-Presidents for their continuing support. ## **Officers, and Trustees 2 February – 31 March 2025** _Presiden_ t: Dr Kurt Jackson _Vice-Presidents_ : Lawrence Hendra; Petroc Trelawney _Trustees_ John Swarbrooke, Chair; Jon Symons, Vice Chair; Ruth Towse, Vice-Chair; Peter Maynard, Hon Treasurer; Judith Summers, Hon Secretary; Stuart Carter; William Godwin (from 26 March 2025); Ann Morris; Caroline White. _Approved by the Board of Trustees 26 November 2025_ 2 |Nil return for this charity ias it was
inactive in this financial period. All
funds were held by the predecessor
charity, transfer of assets occurring on
31 March 2025|
**The Friends of Penlee House Gallery and Museum**|
**The Friends of Penlee House Gallery and Museum**|
**The Friends of Penlee House Gallery and Museum**|
**The Friends of Penlee House Gallery and Museum**|
**The Friends of Penlee House Gallery and Museum**|**No (if any)**|**No (if any)**|**CC16a**| |---|---|---|---|---|---|---|---|---| ||**For the period**
**from**||02/02/2024
Period start date||**To**|31/03/2025
Period end date||| |||||||||| |**Section A Receipts and payments**||||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**||**Restricted**
**funds**
**to the nearest £**||**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**| |No receipts|**-**||**-**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**||**-**| ||**-**||**-**|||**-**||**-**| ||**-**||**-**|||**-**||**-**| ||**-**||**-**|||**-**||**-**| ||**-**||**-**|||**-**||**-**| ||**-**||**-**|||**-**||**-**| ||**-**||**-**|||**-**||**-**| ||**-**||**-**|||**-**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**-**||**-**||**-**|**-**||| |||||||||| |**A2 Asset and investment sales,**
**(see table).**||||||||| |**No transactions**|**-**||||**-**
**-**
**-**|**-**||| ||**-**|||||**-**||**-**| |**_Sub total_**|**-**|||||**-**||**-**| |**_Total receipts_ **
**A3 Payments**||||||||| ||||||**-**|**-**||**-**| |||||||||| |Nopayments|**-**||||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**||**-**| ||**-**|||||**-**||**-**| ||**-**|||||**-**||**-**| ||**-**|||||**-**||**-**| ||**-**|||||**-**||**-**| ||**-**|||||**-**||**-**| ||**-**|||||**-**||**-**| ||**-**|||||**-**||**-**| ||**-**|||||**-**||**-**| |**_Sub total_ **|**-**|||||**-**||**-**| |||||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||||| |**Nopurchases**|**-**||||**-**
**-**
**-**|**-**||| ||**-**|||||**-**||| |**_Sub total_ **|**-**|||||**-**||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||||| ||||||**-**|**-**||**-**| |||||||||| ||**-**||||**-**|
**-**||**-**| ||**-**||||**-**
**-**|**-**||**-**| ||**-**|||||**-**||**-**| ||**-**||||**-**|**-**||**-**| CCXX R1 accounts (SS) 02/01/2026 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
None
**Details**
**Details**
None
None
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
None
**Details**
None|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||||| ||||| CCXX R2 accounts (SS) 02/01/2026 2