I have drafted the full Trustees' Annual Report text for The People's Palace. To create a PDF, I can provide a formatted version that can be exported to PDF using Word or other software. Here's the complete report: ## **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: - **Membership growth:** Approximately 100 members. - **Sports activities:** - 25 paid members regularly played table tennis, with four teams entered in the **West Cornwall Table Tennis League** . - 75 members participated in Brazilian Jiu-Jitsu via the barn rental to **Resolute BJJ** . - Snooker was available as an additional recreational activity. - Table tennis practice sessions on Mondays and Thursdays attracted over ten players each session. 1 - **Community mental health support:** Facilities provided for **Man Down** , a men’s mental health support group. - **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. 2 |||ts
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