The People’s Palace
Charity Number: 220814
Trustees’ Annual Report for the Year Ending 31 December 2025
1. Charity’s Objects
The People’s Palace is established 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 LICENCED FOR THE SALE OF INTOXICATING LIQUOR.”
The charity continues to pursue this objective by providing accessible, alcohol-free opportunities for sport, recreation, social interaction and community support.
2. Public Benefit
The main focus of The People’s Palace is to provide accessible, alcohol-free sports and recreational facilities for the local community.
During 2025, the charity continued to provide opportunities for people to participate in table tennis, Brazilian Jiu-Jitsu and snooker, as well as providing facilities for community support activities. The charity also continued to make its facilities available to Man Down, a men's mental health support group.
These activities provide opportunities for physical activity, social interaction, community participation and improved wellbeing in an alcohol-free environment.
3. Structure, Governance and Management
The People’s Palace is constituted as a Trust.
Trustees are appointed by the existing trustees in accordance with the charity’s governing document.
The trustees during the year were:
-
Richard Buckland
-
Simon Gordon Ward
-
Brian John Pascoe
The trustees are responsible for overseeing the charity’s activities, financial affairs, buildings and facilities, and ensuring that the charity operates in accordance with its charitable objectives and governing document.
4. Main Activities and Achievements During 2025
During 2025, The People’s Palace continued to develop its facilities and increase participation in its sporting and community activities.
Membership
Membership continued to grow, with approximately 80 Brazilian Jiu-Jitsu members, 30 table tennis members and 2 snooker members.
Table Tennis
The People’s Palace entered four teams into the West Cornwall Table Tennis League during 2025. Regular practice sessions continued to take place on Mondays and Thursdays and remained well attended. The charity also continued to maintain its membership and compliance with Table Tennis England requirements.
Brazilian Jiu-Jitsu
Resolute BJJ continued to rent the charity’s barn facility during 2025, with approximately 80 Brazilian Jiu-Jitsu members using the facility.
Snooker and Community Facilities
Work commenced on the major renovation of a previously unused Snooker backroom. The intention is to improve the facility so that it can be used by Man Down, which continues to use facilities at The People’s Palace to provide support and social opportunities for men.
The renovation is expected to cost approximately £10,000 in total when completed in 2026. The trustees consider this investment to be an important improvement to the charity’s facilities and its ability to support community activities.
5. Safeguarding
The charity continued to focus on maintaining appropriate safeguarding standards during 2025.
Safeguarding training was completed by the charity’s Safeguarding Officer and Treasurer during the year.
DBS checks were completed for four volunteers, strengthening the charity’s safeguarding arrangements.
The trustees will continue to review and maintain safeguarding arrangements as the charity develops its activities, particularly with the aim of increasing junior participation.
6. Financial Review
For the year ending 31 December 2025:
-
Total income: £30,560.66
-
Total expenditure: £32,124.69
-
Net deficit: £1,564.03
The deficit for the year was relatively modest and the charity remains in a strong overall financial position.
The trustees continued to invest in the charity’s facilities and community activities while maintaining sufficient funds to support its ongoing operations and future development.
7. Reserves
At 31 December 2025, the charity held the following balances:
| Account | Balance |
|---|---|
| Barclays Community Account | £12,211.71 |
| Barclays Premium Business Account | £4,737.66 |
| CCLA Investment Account 1 | £152,515.77 |
| Account | Balance |
|---|---|
| CCLA Investment Account 2 | £11,456.92 |
| Total | £180,922.06 |
The trustees consider the charity's reserves to provide a sound financial foundation for the continued operation and development of The People’s Palace.
The trustees will continue to monitor the level of reserves against the charity’s ongoing commitments and planned investment in its facilities.
8. Plans for 2026
The trustees’ priorities for 2026 include:
-
Continuing to maintain and increase overall membership.
-
Increasing the number of junior members.
-
Continuing to support and develop table tennis activities and maintain compliance with Table Tennis England requirements.
-
Continuing to develop snooker as an activity at The People’s Palace.
-
Completing the renovation of the previously unused Snooker backroom, with the total project expected to cost approximately £10,000.
-
Continuing to provide facilities for Man Down and other appropriate community activities.
-
Maintaining appropriate safeguarding arrangements, including training and DBS checks where required.
-
Continuing to make effective use of the charity’s premises and facilities for the benefit of the local community.
9. Acknowledgements
The trustees would like to thank all members, volunteers and partner organisations for their continued support during 2025.
Particular thanks are given to those who contribute their time to maintaining the charity’s sporting activities, safeguarding arrangements and community facilities.
The trustees look forward to building on the progress made during 2025 and continuing to develop The People’s Palace as an accessible, alcohol-free centre for sport, recreation and community support.
The People's Palace
220814
Recei ts and a ments accounts p p y
CC16a
For the period Period start date Period end date To from 01/01/2025 31/12/2025
Section A Receipts and payments
Unrestricted Restricted Endowment Total funds Last year funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
| A1 Receipts | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rent | 27,000 | - | - | 27,000 | 22,775 | ||||||||||||||
| Rent Deposit From Resolute BJJ | - | - | 650 | ||||||||||||||||
| Subscriptions | 2,866 | - | - | 2,866 | 2,605 | ||||||||||||||
| Interest/Dvidends from investments | 410 | - | - | 410 | 402 | ||||||||||||||
| Miscellaneous | 285 | - | - | 285 | 1,249 | ||||||||||||||
| Refund received | - | - | 200 | ||||||||||||||||
| - | - | - | - | - | |||||||||||||||
| - | - | - | - | - | |||||||||||||||
| Sub total(Gross income for AR) | 30,561 |
- | - | 30,561 | 27,881 |
| A2 Asset and investment sales, | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (see table). | |||||||||||||||||||
| Sale of shares in CCLA account | - | - | 20,427 | ||||||||||||||||
| - | - | - | - | - | |||||||||||||||
| Sub total | - | - | - | - | 20,427 | ||||||||||||||
| **Total receipts ** | 30,561 | - | - | 30,561 | 48,308 |
| A3 Payments Electricity 2,493 Water 785 Insurance 6,850 Business Rates 440 |
A3 Payments Electricity 2,493 Water 785 Insurance 6,850 Business Rates 440 |
- - - - |
- - - - |
2,493 785 6,850 440 |
|
|---|---|---|---|---|---|
Electricity |
2,493 | - | - | 2,493 | 5,287 |
| Water | 785 | - | - | 785 | 2,389 |
| Insurance | 6,850 | - | - | 6,850 | 6,886 |
| Business Rates | 440 | - | - | 440 | 161 |
08/18/2026
1
| The Barn Renovation | - | - | 18,939 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Honorariums | 6,000 | - | - | 6,000 | 6,000 | ||||
| Table Tennis | 769 | - | - | 769 | 264 | ||||
| BuildingRepairs | 11,590 | 11,590 | 3,085 | ||||||
| BuildingService and checks | 960 | - | - | 960 | 1,012 | ||||
| PettyCash TopUp | 425 | 425 | 300 | ||||||
| Sundries | 80 | 80 | 607 | ||||||
| Equipment Purchases | 1,530 | 1,530 | |||||||
| Man Down Equipment | 123 | 123 | |||||||
| Refund | 80 | - | - | 80 | 325 | ||||
| Sub total | 32,125 | - | - | 32,125 | 45,256 |
| A4 Asset and investment | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| purchases, (see table) | |||||||||||||||||||||
| - | - | - | - | ||||||||||||||||||
| - | - | - | - | ||||||||||||||||||
| **Sub total ** | - | - | - | - | - | ||||||||||||||||
| **Total payments ** | 32,125 | - | - | 32,125 | 45,256 | ||||||||||||||||
| **Net of receipts/(payments) ** | - 1,564 | - | - | - 1,564 | 3,052 | ||||||||||||||||
| A5 Transfers between funds | - | - | - | - | |||||||||||||||||
| A6 Cash funds last year end | 18,513 | - | - | 18,513 | - | ||||||||||||||||
| **Cash funds this year end ** | 16,949 | - | - | 16,949 |
Section B Statement of assets and liabilities at the end of the period
| Categories B1 Cash funds |
Details Barclays Communityaccount Barclays Premium Business Acco |
Details Barclays Communityaccount Barclays Premium Business Acco |
to nearest £ 12,212 u 4,738 Unrestricted funds |
to nearest £ - - - Restricted funds |
to nearest £ Endowment funds |
|---|---|---|---|---|---|
| Barclays Communityaccount | 12,212 | - | - | ||
| Barclays Premi | um Business Acc | u 4,738 | - | - | |
| - | - |
08/18/2026
2
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the charity’s own use
| Total cash funds | 16,949 | - | - | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | |||||||||||
| funds | funds | funds | |||||||||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||||||||
| CCLA Investment Account | 152,515.77 | - | |||||||||||
| CCLA Investment Account | 11,456.92 | - | |||||||||||
| - | - | - | |||||||||||
| - | - | - | |||||||||||
| - | - | - | |||||||||||
| - | - | - | |||||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||||||
| Five rental units (of which four occupied) | - | ||||||||||||
| - | |||||||||||||
| - | - | ||||||||||||
| - | - | ||||||||||||
| - | - | ||||||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||||||
| Snooker Table | - | - | |||||||||||
| Main building for table tennis, snooker and | - | - | |||||||||||
| other sports | |||||||||||||
| Table tennis equipment (tables etc.) | - | - | |||||||||||
| - | - | ||||||||||||
| - | - | ||||||||||||
| - | - | ||||||||||||
| - | - |
08/18/2026
3
B5 Liabilities
| - | - | |||||||
|---|---|---|---|---|---|---|---|---|
| - | - | |||||||
| Fund to which | Amount due | When due | ||||||
| Details | liability relates | (optional) | (optional) | |||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - | ||||||||
| - |
Signed on behalf of all the trustees by treasurer, Ashley Taylor
| Signature | Print Name AshleyTaylor |
Date of approval |
|---|---|---|
| AshleyTaylor | 02/08/2025 | |
08/18/2026
4