MID CORNWALL CHRISTIAN CHURCH
REPORT AND ACCOUNTS
FOR THE YL4R ENDED 31 MARCH 2024
PHILLIPS FRrrH LLP
CHARTERED ACCOUNTANTS
9 TREGARNE TERRACE
ST AUSTELL

INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF
MID CORNWALL CHRISTIAN CHURCH
I report to the trustees on my examination of the accounts of Mid Comwall CE￿Istian Church (the Charity)
for the year ended 3 1 March 2024, which are set out on pages 4 - 5.
This report is made solely to the Charitys trustees. as a body, in accordance with sertion 154 of the Charities
Act 2011. My independent examiner's work has been undertaken so that I might state to the Charitys
trustees those tnatters l am required to state to them in an independent examiner's report and for no other
purpose. To the fullest extent perniitted by law, I do not accept or assume responsibility to anyone other
than the Charity, the CharitVs members as a body and the ChariWs trustees for my independent examiner's
work, for this report, or for the opinions I have fornied.
Responslbllltles and basls of report
As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Charitys accounts carried out under section 145 of the 2011
Act and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under section 145(5) (b) of the Act.
Independent examiner's statement
I have completed my examination. I can confinn that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Charity as required by section 130 of the Act. or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Date: 07.@É. 202L
Ian W Chalmers FCA
9 Tregarne Terrace
ST AUSTEtI
Cornwall
PL25 4DD
Page I

MID CORNWALL CHRISTL4N CHURCH
ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Church Council are pleased to present their report and accounts for the year ended 3 1 March 2024.
Mid Cornwall Christian Church is a registered charity (number 1050243), constituted under Deed of Trust.
The Charity is referred by its operating name of Clays Community Church and also referred to as Old Pound
Church.
The Charity is in fellowship with the Assemblies of God in Great Britain and Ireland, a Registered Charity
(number 1032245).
Registered address
19 EdgcLunbe Green
St Austell
Cornwall
PL25 SEE
Officers
Church Council
The Charity is managed by the Church Council, who are also the trustees of the Charity. The Council
niembers during the year were:
Mr C D Mingo
Miss B D May
Mr J C Glanville
Mrs W M Mingo
Mr A J Higgins
Mr M J Parsons
Resigned l December 2023
(Secretary)
(Chairn]an and Treasurer)
Resigned l December 2023
Appointed l December 2023
Appointed l December 2023
Holding Trustees
The land and buildings of the charity are held in the names of the Holding Trustees.
Holding Trustees during the year were..
Mr C D Mingo
Mrs W M Mingo
Miss B D May
Mr J C Glanville
Holding Trustees and Church Council members are appointed and removed by the Church Council, agreed
by a simple majority of the Council. New appointments must fulfil the requirements of the Deed of Trust.
Object of the charlty
To advance Christian ReIigion by the proclamation and furtherance of the Gospel of God concerning His
Son Jesus Christ the Lord and the preaching and teaching of the Word of God by the Church.
Activities revlew
The Church Council are pleased to report continuing support for the Charity which has enabled it to
continue to support Christian Ministers and Organisations, both in this country and overseas.
The Church Coundl have revlewed their objectives, policies and activlties to ensure they contlnue to reflect
the Chariiys aims. In carrying out this review they have considered the Charity Conunission's revised
general guidance on public benefit.
Page 2

IVIID CORNWALL CHRISTIAN CHURCH
ANNUAL REPORT - Continued
FOR THE YL4R ENDED 31 MARCH 2024
Financlal review
A deficit of income over expenditure of £20,012.18 (2023: net payments of £1 1, 759.41) arose, resulting in
accumulated funds at 31 March 2024 of £135,518.39 (2023: £155,530.57). An annual deficit is expected
in the short to medium terni since the Charity employed a fidl time pastor in October 2022.
The Charit34s main source of income arose from gifts and offerings, totalling £40,328.60 (2023:
£33,620.73). The largest proportion of the expenditure continues to be spent on the support of Christian
Ministers and organisations, this year totalling £48,495.63 (2023: £34,950.59).
Pa
ents to trustees
The expenditure includes pa￿entS to those who held office as trustees during the year:
Mr A J Higgins:
£30,000 salary and employer pension contributions for his services
as full time pastor.
Mr M J Parsons:
£6,000 for his part-time services provided as a minister.
MrCD&MrsMWMingo
£500 for a retirement gift upon their retirement as trustees
Reimbursed expenditure incurred by trustees for the Charity is not listed above.
Polley on reserves
In detemining the minimum level of reserves that should be maintained by the Charity, the Church Council
consider the following aspects:
Working capital to fund the norn]al running and ministry costs of the Charity,
Property maintenance and improvements,
Encome Is frotn voluntary gifts whtch are not guaranteed,
Planned expenditure and designated funds,
Emergencies/contingencies,
Projects/needs which will progress the objects of the Charity.
By order of the Church Council:
Signed
Date
Page 3

'MID CORNWALL CHRISTIAN CHURCH
RECEIPTS AND PAyME1￿s ACCOUNT
FOR THE YEAR ENDED 31 ￿￿KCH 2024
2024
2023
RECEIPTS
Unrestrictedfynds
Gifts and offerings
Interest received
Other income
Income Tax reftmds
40,328.60
2,214.54
80.00
33,620.73
412.59
Restrictedfynds
Gifts received for designated uses
380.74
TOTAL RECEIPTS
43,003.88
34,033.32
PAYMENTS
Unrestrictedfvnds
Ministers costs and gifts to Christian organisations
Premises, equipment and maintenance costs
Sundry expenses
Children and youth ministrles
Outreach and discipleship
48,495.63
5,922.09
4,224.83
2,707.19
1,616.32
34,950.59
7,868.46
1,785.61
297.97
890.10
Restrictedfvnds
Payments of funds received for designated uses
50.00
TOTAL PAYMENTS
63,016.06
45,792.73
NET RECEIIryS FOR THE YEAR
(20,012.18)
(11,759.41)
Cash funds brought forward at l April
155,530.57
167,289.98
Cash funds carried forward at 31 March
135,518.39
155,530.57
Page 4

'IIIIID CORNWALL CHRISTIAN CHURCH
STATEMENf OF ASSETS AND IJABILrrIES
AS AT 31 MARCH 2024
31.3.2024
31.3.2023
CASH FUNDS
Cash at bank
Cash in hand
135,315.86
202.53 .
155,427.07
103.50
135,518.39
155,530.57
Funds at 31. 03.2024 included Restrictedfynds of £330. 74 (31.03.2023.' nil).
OTHER ASSETS
Freehold of Old Pound Chapel and Sunday School buildings, Nanpean, St Austell, Cornwall.
Furniture, fittings and equipment etc.
The accounts were approved by the Church Council on 2[ 212+ and signed on their behalf by:
Page 5