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.
no￿le
qf)lihul:
Miclaids

PENZNNCE AfiD WEST PE¥WITll 0￿• PEOP￿5 TRUS
Cortt•nts of the FLftarte&al Statqu•nts
ror th• Ythar End•d 31st ME4rch 2024
R•port 0£ tha TLXJ*t•••
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-
orktrtencc*J PLa=t l Le appli-able
LL) pieparLlg EheLr a4count$ avcordan=e oi=h t￿e 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. Pro￿LCinG 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 0￿Y 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..r￿LI￿l_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 i*Q hope
111-.lftrt.s* ￿L￿￿,.7￿￿rjLe aqain. %tr.ich wlll rnean le3¥ rel4ar.ce Cjn qranr funtt-ng. The
Tf115tÈÈs arp Grar.e f u.. r- P*nz•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 E*e 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 e￿er￿ore %'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 Ch*rlty nuth•r
2fi.Tr2g3
Prinelpal addr•••
Pen7arth
i*6rd*r.s
*enzapce
rrnrnw81 l
TR18 4nA
raTr
Hayro_d I r￿SLee
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-
C￿￿artered AknctsunLal-S
guitp V. Priest Hoise
624 Hig￿. Street
SoLil-.u' I
'etst v.,Ld1￿lL 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
Ind*p•nd•tLt 4Xa￿neZ, 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 se￿tI)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*.
.rr*r.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 BaLar￿ce 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 eont**Nt 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)d￿Ve11dV1iL exalU￿lId 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
31*t 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
LI￿lLITtL$
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.Cl￿l * 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 ￿￿al￿dEd 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 prep￿re￿ inder the
Q5t
INentinn.
All inc?me is EgCOg-.._
he qEateYent ot
lIGn￿la1 ALtiV' Lies onie the
Lharity entirleT.enp ro the iur.d<
IL IS Fr￿￿able
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
eq1J￿red Ir. sett. emen
an¢ thp anoknnt ot the obligAtl?n csn be measL-.ea
eliatly. E¥p*iditu¥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 r*lakned 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 aCC￿rdanCe wi=h tae ¢ha¥l-able ODJe-t- ve5 dL
tlÈ dI*￿t=t[L￿n 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.
A￿￿LL1_'ll￿rl> 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.
ttu*t•••' •Jp•n••
'IieLV rfe-
r.ri..st.f*es
xpenses Faid Co-
f-r t￿.e yeat -ndec 3'st %ldr("1-. 2D?3.
h¢ rf¢ai end*0 315t V&a¥c.7 2?24 t)01
C014PARATIVK8 FOA THR STATEMENT OF fINANCZAL Acri￿ri15
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: Al￿V￿￿3 FALLING Dvff WItNIN ONE
2024
TradÈ deb- ots
13,544
CPID1TOR9.. Al￿5 PALLINQ DtJE WITHTW ONE YtAft
2024
2023
Trade
r•di-ors
3,982
io.
Net
ioveTr*r.t
At 1 4.Z3 Ir. funds
31.3.24
Unrestri¢t•d funds
i-en*ra_ f ind
234,879
12.IB61
232,693
TOTAL VUklD$
234,879
12,1661
232,693
C￿l-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*
.￿¢V*￿e1-
£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. IricLui*J "ft• aèo'u• &re as follows:
IILUlliir.g
re?￿urceS
?•sou_-ce
exoe-..ded tn f ntts
lJnr•itt*¢t•d fund•
IP.n*rA 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
Ch*rit•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