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The People’s Palace
Charity Number: 220814 Trustees’ Annual Report for the Year Ending 31 December 2024
1. Charity’s Objects
The People’s Palace exists as:
“A centre primarily for the promotion of the temperance cause as a place where the inhabitants of Truro and others visiting the city may find entertainment and accommodation without the necessity of resorting to a house licensed for the sale of intoxicating liquor.”
2. Public Benefit Statement
The charity provides accessible, alcohol-free sports and recreational facilities for the local community. Its activities promote health, wellbeing, social inclusion, and mental health support, offering safe and welcoming spaces for people of all ages.
3. Trustees
During 2024, the trustees were: - Richard Buckland - Simon Gordon Ward - Brian John Pascoe
Appointment of trustees: Trustees are appointed by the existing trustees under the governing document.
Charity structure: Trust
4. Main Activities and Achievements in 2024
During 2024, The People’s Palace continued to promote its charitable objectives through sports, recreation, and community support:
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Membership growth: Approximately 100 members.
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Sports activities:
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25 paid members regularly played table tennis, with four teams entered in the West Cornwall Table Tennis League .
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75 members participated in Brazilian Jiu-Jitsu via the barn rental to Resolute BJJ .
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Snooker was available as an additional recreational activity.
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Table tennis practice sessions on Mondays and Thursdays attracted over ten players each session.
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Community mental health support: Facilities provided for Man Down , a men’s mental health support group.
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Barn renovation: £18,939.10 spent to refurbish the barn, now rented at £650/month, creating a sustainable income stream and expanding community engagement.
5. Financial Review
Income and Expenditure - Total income: £27,880.88 - Total expenditure: £45,255.89 - Deficit reflects strategic investment in the barn refurbishment to support long-term sustainability.
Reserves at 31 December 2024: £186,094.73 - Barclays Community Account: £7,849.02 - Barclays Premium Business Account: £10,664.38 - Investment Account 1: £155,548.42 - Investment Account 2: £12,032.91
The reserves provide long-term stability and capacity to support ongoing and future community initiatives.
6. Plans for 2025
The trustees plan to: - Increase membership across table tennis, Brazilian Jiu-Jitsu, and snooker activities. - Continue providing facilities for community groups such as Man Down , promoting mental health and wellbeing. - Ensure that all activities meet safeguarding standards set out by Table Tennis England , maintaining a safe and inclusive environment. - Improve facilities, including the renovation of the Snooker backroom , enhancing accessibility and quality of spaces for members and community groups.
7. Acknowledgements
The trustees would like to thank all volunteers, members, and partner organisations for their ongoing support and contributions to the charity’s work in 2024.
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