RGISTEPID CHAXITY JItIIBKR: 2 63223 rt oe th• TDJ•tA•• and Unaud&t•d financial 8tat•*•ntts tor the Ytar End•d 31Jt March 2024 for nNZANCZ AIID WEST ?£TK OLD PKQPLIS IIZLTABI TRUST est Chartered Accou.-.- Su" le %, Piipst Hou.se 1fj24 .'ILgl: 5Lreei. nole qf)lihul: Miclaids
PENZNNCE AfiD WEST PE¥WITll 0• PEOP5 TRUS Cortt•nts of the FLftarte&al Statqu•nts ror th• Ythar End•d 31st ME4rch 2024 R•port 0£ tha TLXJt••• Ind•p•nd•nt fJr•mAn•r' 8 R•por¢ stat•Tr•nt of fxnanelal D•t•xl•d Stat•Ytt•nt ot FlrL4ne•l Aetivitx•
PZNZANCE A21D WEST PENSlItE OID 0P1A8 WKLFA2X TRUST ttrt of thg Trugt•&g ror Lhe Year Ena•d 3l¥L E4•fch 2024 TP.e trLStepÈ present tF.e' L Lep-'IL WLII" LliÈ i inar.CLGI statGnér_-s -[ t.-É ha ty ror Ll'_e yeaL erkdp4 .I14t 2024. Ttr.È -fLSt=es hai'e ad?p-eO tfr.e [ovI¢10 ?t LUirit.Ing ap.¢. Trppgrt irlc bv Charit-" e<: -a-ertenr cf R- orktrtenccJ PLa=t l Le appli-able LL) pieparLlg EheLr a4count$ avcordan=e oi=h te Fir.ar.iial ReL)ortiny Laiidard akp_icable in -he LK r) RpDJnl= c of Tre_a_d I""R 021 le-fectrive P&r.?artF. Day -entre it a eharLtaElè t-usE rinning a d- r_g.nrrp 'or ugnplp. in la-e fiftie3 on.ards. ProLCinG 5tsmÈ'rfhere safe &nd wÉ+le.o.ryiiilQ f<>L VP.(iulp 1¢) 11141111. so.-ial l recucing lo-__el i ness an L591a-i&n W.IiLh le-d Lts Ilne<." ar. LI¥uLe¥J The variou3 se-vices D-ovide esp':e ar.d peaet ..£ .Mlnd to ca-c'rs 41d tLi rhyll families. ¥vfiLe L'l 0Y Le orklng -vlng aW¥y. OBJECTIVKS AND ACTIVITIES ObJ•etiv•i and P&ngarth proLfidf)3 a frÈsh ho- rnoal tt-OAod 'e-y d?y ar.d =raisFort =o tie da centre is a".sc) pYakic•q. The tae-apLes actLV- tLe5 over i days a.e{ ar.J is s-..Ill lilooL' '.dV¥ bEvr. di5whaioLP lo=aL hospital< a pa-kage or c8re. A subaLd.i-ial u'l&yu¢L.L"i UC aur runr.Lr.q costc we.-e ¢11¢-&# k5p conExlbiJ'.ions fr?m cLLeiknS aur. Also an1..rLIl_g Ltr.e (uriding tbar we t.?ve ecei73eJ Irom a p.urnber cf grants and cl%1fiA In t.1e l&g.i= th. s, de naeavor t¥ keep our vil¢e$ Attordaole for everyone. Are luoking for%ard rc Lhe iex- £in8nciJl year. wF.on iQ hope 111-.lftrt.s L,.7rjLe aqain. %tr.ich wlll rnean le3¥ rel4ar.ce Cjn qranr funtt-ng. The Tf115tÈÈs arp Grar.e f u.. r- Pnz•nc• Towi C¥lJl:' dnd all Frant pr-v" deis fc- enabjlng enqarL.i Jay Céi-.tEA-v LortL' IiL?=o a vaLLab' e resoLrce suppcrtlr,g v'JlieraDle older iieople, Ll Jer.2ance ana Nest Fer.w' arèa -t Cornwa. l. t'".roug.iooi tPie year. As TriJstee5 we aro pr¢Jd tr Ee ef=orES -'Jr SLaf F and voli_ntp.p.r.s whn P.4vp. wnrka4 gn F.4-.d rtiir" nry th• ra8t yoai to er5ure that eerore %'25 5UPDorted .n SOT.e way. beir.9 offe-_a WMI fare v'.SlLS and r?1 Ls s.--poiig¥ F=escrlpt' oiilexies and imeals, Ji ki nrovid95 Many Jtiy yvl)pl# Gov•rninq docuimnt T.ie charity ontrolLaa oy its knrive-r.iiq doc-'TefJt, a dÈèd of - r'.isr. aid censti r.'Jt.es An ii'..ii,'.-orporatv¢' L.'-dlLty. BIFZRINCR AiID ADMINZSThATIVK DZTAILS R•ql•t•z•d Chrlty nuth•r 2fi.Tr2g3 Prinelpal addr••• Pen7arth i6rdr.s enzapce rrnrnw81 l TR18 4nA raTr Hayro_d I rSLee E4s C J Row4 )age
PENZAklCE AIID WEST PENWITH OLD PEOPLES IIRLVARE TrUST ort of thg Trust••s thg Year Knded 31st March 2024 REFZPENCE AYD ADNIiIISTBATIVE DETAIIS Indepand•nt Zxamirt•r TAes- Cartered AknctsunLal-S guitp V. Priest Hoise 624 Hig. Street SoLil-.u' I 'etst v.,Ld1lL ds B93 )JL Apr-. oved b>. OLdeL the baa rd trustee ar.¢1 Sicnèd on its b&halt ky: on rustc Page 2
IndA ndglLt Exwn4¥' s R• ort to th• Trutht86tA of PEMZANCE AND WEST PKNWITII OIL) PEOPIES WELFARI TRUST Indp•nd•tLt 4XaneZ, s rewrt to the tru8teea of FKNZANCE A14D WEST PENWITh OLD PEOPLES WKLFARE TRUST l LQFOlt to he iFJJr-r.I r.r.:qrP.- Tryy A>r>¥l nation o- he accaui-s of PENZANCK AND WIST PE14WITH OU) PEOPLES IIEISA>2 TkilSI i che Yrist l -nr -.h9. 1g.ar enJ.d .4 13r Ya rr.,- 8spon8ibillti•s Ind of t•port As i.'ie LharLty -nsib- e (- 5Lees 0£ tie TrLSt qou are -esp- the. p-e.para-_iorL -ur.ts _n aiD.orr.anLe l-l the .-eqJLfaT.er.ts of Ir.e Ci-tlos ACE ?.-L', I'tF.È Ik= I rppot- ir. tesFe-t of Ty exani natLO.I c£ rhe Tr'jst. s av- -nts carriÈti out Seetion 145 O- Lhe A-r ar# in carr>'ir.g cu= ny exaT.-na-ion I ha'4e OLlowed fl1- appLLiab.- p Directions 4ivtsr.' by Lhe -Xa-_tv CoymLssion -ndez setI)ll 145.cl li>1 -f t.ie Act, Ind•p•nd•At •xamin•r' • xt&t4n•nt attaz <7£ coneern d•ntACL•d Sin-p your harL-/'> gLOS5 11c.cimv. Èx"v.eile.Il f &.)LJ. '.liO >'OLr exa7ir.er TLSt be a Tpmhpr li%Eed b-dy. I can -or.!. rm tb.èt i am qualltied c. u_1de.rta <p r..Ip e.xAmiD.ar.Inn becabse J am rreiber ot Lhe InsLitL't E {)f fhartered Ac-cjntants Ir. Eicland ana Wales .Ich -14 o: tha listEtc bodieA. r have completed T.y Èxaninati¢.. 'hi15t s4ti3flec w'ttr. ttr.e Protit £ -ss Act#ui- tor the c'jrrvrit yea= corncerr.s v&r EhÈ aeeura=y -f ttr.e eo.ance Sheet br-ught forwa:d. Lherg L-. h4¥ noL been possible to con t. r• . hat tr.& c.pe x n% oa.8ntr.•.4 4 Y. .rrr.t. Th14 4Fir.•4y to ne due - o Jiy.pl?. nitr I c'.al error s croat i n(] di t terences wit hir. the BaLarce Shept eon fLfn tb.at t)0 o-hèr mxtr.-. F.ava r.-m t- my a=teTrt i o-. ttr.at g. vp me cauje to hel." pve trt any .aterial r•¥E=t: 8r.r.n'ip.ri ng r•e.¢rds nrt- kèpt iy .-spee-. of the frysi 44 r•qu' r bv .-ert ion 130 of the A-t.. ith those r•Gcrds or ho ac-PJJnt¥ 40 nct -mrJJ y WLPh the aFpL icatl e rcqu- remeits c-n=orninq tfje f o-n and eontNt of orcounts set out n tk.e ChaLiLLeu IAcl. -wJntS dF.d .ièPQ'tsl egulations 2009 Jttr.Èr thar. èiy teqtsiremÈi" that the Arr.-.untf g-v• a trup And f a l ¥ VIPW WiLcP. is not a Thia" lèr c-Dsxd¥-e4 as PdL L u£ dzi Iz)dVe11dV1iL exalUlId LIUII. I confirTr. that -h+rp a-a no othet rra-ters tts ¥hl tth your att*fit' tyi shO-. d Pjé drawn Lu tiabl• A Frop•r uryd&Ystane.inq ot the a--QLnts t- oe reactr.ea. Su..an The l-..stiture of Charteted A-coui:aits E.Iqland ar.d a_ea 'Aes- Chartered A=counpanES Sul-e K, Prie t Hoig I 4 .4iqh L-eet Knowle SclLhdLI Ea= MiG.ar.da nGte: Page 3
PENZANCE AE4D WEST PZIThITH OLD PEOPI2S WELFARE tRUST statémènt of Financial Aetiviti•g tor thè Yèar Ended Jlst 2024 1024 2023 Unr•Btrict4d Total fund runds Dnnar.i.In.% arJJ l eg3Lies 76.234 80,000 Charitabla activitie• -Eatle A-t_". vi t ies 43,606 28,482 other tradir.g octiv" t.. g.s 201.680 Totthl 321, 520 RiyLeinr (und3 8,695 10,IQL Charit•bl• 4¢t&viti•• Cl-.a-_tablè A-t_oiti¢s 31S,011 271,927 Total 323,706 282, 02É NIT INcc4GI IKXPZIIDITUPX) 12,1861 {31,3J31 BZCQNCILIA?IOiI OF FUNDS ToLdl £anLl¥ biobqP.t Lcrrfara 234,879 266,lQ 232,693 234,879 he i-tes fotm par- thp. f inar.ci21 staterneT,ts ale 4
PENZAEICZ AEID IIEST P8NwrtH OILJ PEOPLES WELFARE Trusr Balancg ShA8t 31t March 2024 2024 fund f lind5 Notc3 FIXID ASSETS - a.Ig&blE dbtse- 5 188, 809 7?.4 CUPJENT AS8ZTS 522 13,544 33,800 443 19,9i5 Caah at barl 47,866 46,363 REDITORS i)Lnts £aLling hiI' Une s'ear 13,982) IB,2091 NEf CUPR8tyf ASSETS 43,884 TOTAL ASSZTS LESS CtJRPU4T LIlLITtL$ 232,693 2i4, &79 ASSETS 232. 693 ?74, 979 io Unr.%ti- cteo 232, 693 274, &79 TtrIAL TUIID8 232.693 234. e79 Th* t-' n4nr.ial .g 15su• On L'.• Board ct Tru¥:ees and abti?rlsed fcr ar.d were sicned on its behal t by.. N Clatk TF.È riv-_e5 forn paTt of tf_e5e fii2ncia s-aLCm-n-, 3 Pace 5
PRNZANCE AIID WEST PENWIIY OLD PROPLES IIELfARZ TrUST Not8S to thg financial 5tat•m#ntg thw Endad 318t I4aEch 2024 ACCOUNTING POLICIRS The "Inar.Cll * La è.-Its o- the hari-H. w1-¢h is PLb_l LC Der.eCIt onrLtv uidei ave beeTr. P¥eydiEd _n ar-Gida-.. e SiLtr. the L.&a=Itte5 )ORD IFRS 1021 'AccoinLing and Repor L" n4 by uh•riLIe" stateme-. -f Re.COTme.ndec PracEice a?P_LCGbLe r'ti es prepatinG their acciU.QI dccDfo¥nce FinanLia .xepurtins .it8r."arc app_lcable D t.1= LIK ar.a Republic ol I reland fef :e-r" rfe l Jar_uart Tinancia Rep-=Lif.g aldEd 102 'The Financia_ ?ep?rtrinu tar."&I0 dpp_ictsble in t ip UK arA Repijblic o: IrÉl)n¢' tnd LFi¥ ChaxiLies A¢t <OIL. -h¢ fiianuial s-atP.rnPl)LS .ave beei prepre inder the Q5t INentinn. All inc?me is EgCOg-.. he qEateYent ot lIGnla1 ALtiV' Lies onie the Lharity entirleT.enp ro the iur.d< IL IS Frable hat t-.ie ipcame will be rekneiued ar.d =hè ArJC>Jnt c.an be Trcasircd .-eLièbl>'. Kxp•Aditur• i'ooILlL.ll arc recJgr.lJed ay expen¢itiJre aa ats-11 Lljeie IJ d leL# c?notrueELVC c>oI-ga-ir>n ommltting th c.nari¢i tg th4L exFvr.&' tUl¥i IL probable a trans.er of ec-..rioTiC kenefitj will be eq1Jred Ir. sett. emen an¢ thp anoknnt ot the obligAtl?n csn be measL-.ea eliatly. E¥piditu¥e xj a-r.outt-ed e- on d.i a"'LruaL3 ba3LS ar.4 has oean c_jsslf led Lnde= .fieadLngJ tha agg£egaLe all coji rlakned to tl¢ ¢awegOty. COStS L(4nnr)i. bp di.-prtly at=rTnJ-e(l Lo part c'jlar head'ngs fhev have been allocate# to ac-IvitieJ Dn basiÈ COnSiJ¥er.t with trhe u•• ot re>¢'ircÈs. stook IJLky are val"Jeti at t.-.e lo4= du(.. el I I£>wAn¢:. ob30.ete anc J.-w Trovir.g itetos. Taxation -trip. r.harkty exemp: trom tax cr. it3 charitab-e ar::iviL'e¥. luad •coMntanq UrLrestricted tUTid.y cor. oe. u3pc in aCCrdanCe wi=h tae ¢ha¥l-able ODJe-t- ve5 dL tlÈ dIt=t[Ln r)t rtr.e -L8tee: iiest ric- ed £ur. J• an ori. y ljv. iJ.*.p. Int P8rticul8r re$trlc-ed tiutposes th ob Ject s o the chaEIty. ALL1_'llrl> eE ' Je hen spec. f Lec by t.&e canor wr when Jn¢3 are ra" Jed £[ paLtii'.JlAK Le= -ted puip05e>. Pcge 6 cci- i-.ued.
PENZANCK APID IqEST PENWITH OLD PEOPLXS WXLFAPS Trusr Notes to th• Financial Statgrnentg continued tor th• Year 31st March 2024 OrnR TRADING ACTIVITIES 2024 2023 elrestrrmp.nr. 103,192 98,488 201.69Q 14? 2 J3 ZSING rns ITsv••tM•At llanthq•Th•nt o•¥ts 2024 2023 reDai rs laLnLeThaiiie cnargP3 2,226 6,469 71£05 ,896 8,695 IRU8TKES' REI•JNERATICtI ATrlD BENEFITS T.le-e were iiu LIu.5tee.s' reThLnera-lon or cther beief. ts for tle year encea -vL Llje yvd. 4>-.Idart .31.sr M•rch -0?3. ttut•••' •Jp•n•• 'IieLV rfe- r.ri..st.fes xpenses Faid Co- f-r t.e yeat -ndec 3'st %ldr("1-. 2D?3. h¢ rf¢ai end0 315t V&a¥c.7 2?24 t)01 C014PARATIVK8 FOA THR STATEMENT OF fINANCZAL Acriri15 Uiros-r'¢coti tur.d Jona l onj ap.a Lecaclea 8D.tnD CharAtabl• actlvL¢I•• ai_lafjLe ACCLV'=ies 28,482 otheL IL¥dAr.] acttv- tle3 14L,233 fotal 250.71 RXPKNDITtJRR ON Raislng ur.ti.8 10,131 Charitabl• •etivltA• Chari-abl@ Mrr... ios ?71,021 T•t•l 2Q2.028 NRT INC¢£/ IEXFE14DITUBK) 131, 313; Cl)NcILIATiofi OF FUtID8 To=a. find3 orouqF.t &oLknara 66. 19? conti
P3NXPttICK AND PENWITH OLD PEOPLES WKLFARZ TIiUS Notes to thA Financial Stat•rn•ntB colltinu•d tor tha T8ar Endea 31aL 2Ql4 TANGIBLE FIY2D ASSETS Frèe_i-ld prtsreit lant a-.. machir.ery Motor -oelij=les Toral. cost At l.%t ADril 202? 336.286 10.209 8.060 7,986 18,0601 354.555 7,986 EIsF03o1s Ar 31st fl.arch 2024 336.286 10,209 7,986 354,481 DEPRECIATION AL l?L A¥: 1 204J Charge to= yea- &limii'.ate.. Pl f.. SP05a.I 149.215 5,650 8,168 2,041 6,440 1,590 16,4181 162,B31 9,289 16.4481 At J'.2t Marc.F. ?0?4 153,e65 10,209 1.598 165, 672 At J.5t Yar¢r. 2024 182.421 6,388 188,e09 AL 3L>L 11.arc.1 d023 612 91,724 slocxs 2024 ?023 522 442 DZBTORS: AlV3 FALLING Dvff WItNIN ONE 2024 TradÈ deb- ots 13,544 CPID1TOR9.. Al5 PALLINQ DtJE WITHTW ONE YtAft 2024 2023 Trade r•di-ors 3,982 io. Net ioveTrr.t At 1 4.Z3 Ir. funds 31.3.24 Unrestri¢t•d funds i-enra_ f ind 234,879 12.IB61 232,693 TOTAL VUklD$ 234,879 12,1661 232,693 Cl-llyp.
PZNZPttICE IIEST ?ENWITH OLD PIOPLES TRUST Not•8 to th8 Financial Statonantg oontinuod ror the Y•ar Endèd 31st March 2024 - eontltttt•d Ne- movey.cnt in f," ds. he abci'e are as tol-ows.. IncoT. 4 ng resoarces sources pxpp.nled Movenei= In funds Unr•8tsiet•d fund• General £u.Id 321,520 1323, 706) 12, IBS) 321, 520 1323,706) 12.1861 CoTrp•rat&v•• foz xw)v•M•nt in £uad .¢Ve1- £Lnds Al 1.4.22 31.3.23 Unr••tzact•d fund• 2661 i92 131. ?1.3,' 284, R p4 TorAL YWJNDS 26e,l)2 234,R7fj CcnFaratlV• mc>verhe- _n fu.-.ds. IricLuiJ "ft• aèo'u• &re as follows: IILUlliir.g re?urceS ?•sou-ce exoe-..ded tn f ntts lJnr•itt¢t•d fund• IP.nrA l Fiind 250, 71i 1282, OA91 131,3131 tQTAL FIINDS 1282, 0281 A cu-Lent yea -2 lliLTrI'. L"'i¥ &r.'U prior year .1 T.onth5 cornb. ned ptss&*ion Is as follatrés.. mvvemenL In ancis kl. 31.3.24 At 1.4.22 UnroBtraet•d fund• lJeio-Al 2£6, 192 4991 232,6ry3 AL FtJNDS 2É6.192 33. 4) '>32. 693 Page 9 -or_-ir.ued.
PINZPalCK AND WKST PENWITH OLD PEOPIES WRLFARE TRUS Not•s to th• Flnancial Stattw•ntg eontinu•d £or th• Y•ar End•4 318t M&rch 2024 io. current yea* 12 rnonttr..% r.Id prioT year 1 2 mtsr_t_7s co]nbi- yicILded -le atitsiye eLfP. [-. Ilnws: ne= m-veTr.ent i-. f iands. Movftmnnt f i'.ntis ie50Jrces exDer.dpd Vnr&8triee•d tUDd• Ge.ie"al iur. 5J2.23i ',605,7341 133, 4991 2JS 604 7j41 33, 4991 11. RZLAItD PARn DISCIA)SURZ8 -heLe we-e no relaLed pa-ty t-£naactions for rhe y¥ar eided 3-.st .4arc.7 2024. PaG¥ 10
PTNZANCZ AIID WESt PEIIIIITH OID PZOPLES WKLFARK TRUST Detailed StatemÈftt af Financial Artiviti•# tor tha Y•ar Endèd 31Bt 2024 Don&tlons and 1#g• Ikjnared 3erv- ces and facili tl e.8 76.234 Other tradlnq aetsviti•• Re: rebf.TeriLS Cai 103,192 98,488 68, 9IP, 201,680 11:2,233 Chrit•bl• 4etLviti* C.harLtable actl- ties 43.606 28,482 321,52Q Znva•tu•nt JDan•q•Tr•nt og•t• Piopc- y repi.rs Nair.tenanre ct.a=¥o8 2,226 6,469 7,105 2,R9fi 8.695 . ioj Charltabl• atsviti•• 185,309 2,693 6,22? 13,982 1,?74 1.856 10,238 5Q,370 4.720 770 20,834 3,028 1,9B6 412 16¥. 1, 641 Ra=es ar.J ate= IThsu.-dnL LIL'ht a.-i¢J l)e4t L7,285 1, 681 054ace arTd ¥tapionery 7.-31 37, 191 i, 913 425 Caterir.q C. eaD.Ir.g 14CWi VehicLe3 Equipment £n- er=a' nment T-airyLnC Dp.Dl-p.- l 8t ton of tangikle tixeti 11.5yets 34 9,289 9, Bfj4 314, 288 71,212 Support co•ts Financ• 723 Total ro.Foiirwes expendes 323,?06 C.2, 0? (2, 1861 131,$1l1 his pag- ot form part -£ tbe sta-UknGry fLnancia_ Sraternents age il