## **Camborne Wesley Methodist Church** Registered Charity 1127807 Methodist Church Number 370105 **Trustees’ Annual Report and Accounts** For the year ended **31[st] August 2025** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ |Trustees’ Annual Report|Page 4| |---|---| |Statement of Financial Actvity (SoFA)|Page 15| |Balance Sheet|Page 17| |Notes to the Accounts|Page 19| |Trustees|Page 29| |Declaratons and Scrutny|Page 30/33| Page **2** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ## Camborne Wesley Methodist Church ## Registered Charity 1127807 ## Methodist Church Number 370105 Trustees’ Annual Report and Accounts ## For the year ended 31 August 2025 |Minister|Reverend Ray Borret|To 31/8/2025| |---|---|---| |Children’s Project Worker|Hannah Green|Wef 16/8/2023| |Church Stewards|Derek Head|To 31/8/2025| ||Judy Richards|| ||Bill Herring|| ||Keith Kneebone|| ||Neil Harvey|Wef 1/9/2025| ||Jonathan Bond|Wef1/9/2025| ||Tracey Hunt|To 28/2/2025| ||Sharon James|Wef 1/9/2022| ||Rosemary Rowe|Wef 1/9/2023| ||Nick Voisey|Wef 1/9/2025| ||Ruth Voisey|Wef 1/9/2025| |Treasurer|Morwenna Williams|| Page **3** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ## Trustees’ Annual Report ## For the year ended 31[st] August 2025 ## **Introduction** Welcome to our report for 2024/2025. This has been another very active year for the church and its outreach to the community of Camborne. Our Trustees’ Annual Report aims to share with you some of the work in which we have been involved. The Mission of the church to the community of Camborne is a primary aim but we are working from a Grade 2 Listed Building which is almost 200 years old and it is needing a lot of maintenance to ensure that it is fit for the next 100 years – if it is possible to think that far ahead. We have welcomed Reverend Mark Richards as our Church Minister wef 1/9/2025 and we are already hearing a lot from him on the themes of Maintenance and Mission. We are challenged in both regards. ## **Aims and organisation** Camborne Wesley – _Working out faith in Christ_ Our Vision is to work towards the growth of the Kingdom of God in Camborne through a commitment to nurturing, worship, mission and service. _The only thing that counts is faith expressing itself in love_ ## **Achievements of the year** ##  **Children’s Work (0-18 years)** We are proud to report that our work with children really does cover the age range 0-18 years. It is led by Sandy Jose who oversees all the community work with babies and toddlers, and Hannah Green whose work is primarily faith-based with community outreach as well. At the outset of the reports from the Leaders of our Children’s Work we acknowledge generous funding from: - - Benefact Trust - Camborne Redruth Hayle Methodist Circuit - Cornwall Methodist District - Elmgrant Trust - Joseph Rank Trust - National Lottery Awards for All - Tesco (Blue Token Scheme) ## **Toddlers and Babies Clubs (including the Play Pod)** Despite the challenges of changing nursery funding and shifting family needs, Wesley Toddler Group has continued to thrive as a hub for local families. With 60–80 children attending weekly, our Page **4** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ sessions remain a vibrant space for play, learning, and support. Thanks to a generous grant of £500 from the Tesco Stronger Start scheme we have been able to improve our physical development area. We have purchased climbing frames, safety matting, balance beams, a big ride-in car, a parachute for indoor games and a wobble board. This year has seen us strengthen our relationships with outside organisations. We have completed a programme in partnership with The National Literacy Trust called “All Aboard” which was funded by GWR and included rail themed activities and a day trip to Penzance on the train. This programme was in addition to their monthly visits and book gifting. Healthy Cornwall continue to attend our sessions. We have formed a new relationship with Cornwall Council’s Family Information Service who have started attending our sessions every month to offer help and advice on everything from nursery places to housing problems. We have started a new group on Wednesday mornings in partnership with Penlee Family Project called The Play Pod (PEEP). The session helps parents and carers make the most of the learning opportunities in everyday life, supporting their babies’ and young children’s learning through play. The session has proved very popular and we are excited to take this further during the next year. Our numbers have dropped over the past year which is largely due to changes in nursery funding. We are losing children to nursery a lot earlier and anticipate that this will only get worse with the new Government nursery funding for 9 month olds. We have produced a leaflet which we are circulating to Family Hubs and are increasing our presence on social media in an effort to maintain our numbers. We are being realistic with our expectations and understand that parents must return to work earlier due to the economic climate. Although our numbers have dropped the families that come to our sessions are full of praise for what we provide and we are proud to be a well loved focal point in our local community. ## Children, Youth and Families Report 2025 ## Sunday Groups The Sunday groups continue to be a popular offering, with steady and committed numbers of children in attendance. This year, 4 children have moved from the younger group (Play and Wonder) to the older group (7UP), which has affected the numbers. Play and Wonder regularly sees between 4-7 children per week, with a high point of 10, and at least one new regular attendee gained in the last 3 months. 7UP sees 10-12 teenagers per week, with a highest point of 13. The children of both groups feel comfortable inviting their friends to come with them. ## Youth Service Involvement The youth continue to have an involvement in certain worship services, where possible. In particular, a small youth band has been formed to lead worship during the 3[rd] Sunday services, which happen once a month. Young people have also led prayers and spoken parts during services around Christmas and Easter. Over the summer, the youth have had a puppetry workshop which, in future, will allow them to perform using the puppets, particularly during the Nativity and/or Christingle services. Page **5** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ## Summer Events 2025 This year, we decided to try a different approach to summer provision, as in the previous year, there were many children and young people who missed out on the summer clubs because of holidays and other commitments. Therefore, this year, the plan was to run 6 separate events, 3 on Tuesdays aimed at families with children under 11, and 3 on Thursdays for 11-18s, on consecutive weeks. A sign-up system was used to ensure that all the events were viable. Only one was cancelled due to low sign-ups and scheduling issues. The other events were generally well attended, and wellenjoyed by the children and families who attended. Numbers ranged from 13 at the highest and 5 at the lowest. ## Community Events A community-focused club called Wesley Explorers has been running since January, which is low in number but well-loved and treasured by those 3 children who have regularly attended. Numbers have recently increased. The club’s purpose is to bridge the gap between the Toddler group and the church groups. All children who regularly attend, and a few who have occasionally attended, have also been to the Toddler group. A great effort is currently being made to advertise the group as children return to school. Other community events include a Christmas Party organised in conjunction with Revive Elim Church, which worked well, both in widening what we were able to offer, and in attracting from two pools of families. On the other hand, during the Easter holidays, a drop-in community event called An Interactive Easter Experience attracted just three children in the four hours it was open. The low engagement from the community has meant adapting the strategy used to engage in it, and it was decided that a greater emphasis would be put on school’s work. Please see below. ## Schools’ Work. A link has been established with St John’s primary school, alongside the already-established link with Camborne Science and International Academy, and a set of school’s workshops were run in the summer term which welcomed around 150 children through the doors of the Chapel and engaged them with the story of Creation. These workshops will be running again in the autumn term, with the hope of engaging even more schools. The Prayer Space was removed by the Camborne SIA in the Autumn of 2024, as they wanted the library to be a silent space, and the activities often required discussion. However, as of Autumn 2025, it will be reinstated in the new Flourish space. The Flourish programme, a Church of England initiative to establish worshipping communities in schools, has launched at CSIA and Hannah has been invited to be a part of it. This includes the Prayer Space and a weekly drop-in session with the Sixth Form children in their café area, which is new for the 2025-26 academic year. ## Weekly Oferings In January 2025, two new weekly groups were established: The aforementioned Wesley Explorers (please see above), and the Oasis Family Social Space. The former is continuing, but Oasis never really took off, and therefore was let go, to be replaced with the new Youth Group. The 7UP Youth Night launched on the 10[th] September 2025, and is aimed at those who already attend 7UP on a Sunday, with the intention of offering them a space to invite their friends from Page **6** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ school. There is an intentional encouragement to invite others to the group, thereby reaching the wider community. The numbers are steady at around 12-13 per night, and the youth value the group so much that they make a special effort to come, even when they have other commitments before the group starts. One young person has already brought a friend, and that friend has also come on Sunday and expresses an interest in inviting her parents to join the church, too. ## **And all the other activities…….** ## **Meals on Wheels** During the 12-month reporting period, we delivered 8438 lunches, focusing on a radius of about 3 miles from our building in Camborne. This equated to a daily average (across standard working days) of 34. This makes the service barely sustainable and we have therefore embarked on a leaflet drop across Camborne with the aid of a professional distributor. This has been made possible by the use of Restricted monies held by the church for the service. ## **External letngs** Community use of our premises at £28380 was an increase of 9% over the previous year _(£26064 (2024))._ The increase in value is partly due to a modest increase in hire charges. We would not anticipate that usage would increase much more as we are mindful of the needs of our own charity and its mission to bring ‘Christ to the Community of Camborne’. We have excellent links with local schools which use for Christmas concerts as well as bringing classes to the schools’ workshops run by our Children’s Project Worker. Our emphasis is on providing a Safe and Warm space where the community can meet without the consumption of alcohol or drugs, and without encountering gambling. ## **CWCC Ltd** Camborne Wesley Centre Catering Ltd has 3 main strands – to produce meals for the Meals on Wheels service run by the church, to run the in-house restaurant and to prepare food for ad hoc functions and buffets. Numbers using the service are increasing steadily but many are low ticket items, reflecting the amount of social deprivation in our area. Overall the number of meals produced was down 2.16% due mainly to the drop in Meals on Wheels’ orders. ## **Café Wesley and Community Space Project** The Community space is open from 10.00 am to 2 pm Monday through Friday and thanks are due to the Volunteers who enable this to happen. Free hot drinks and biscuits are provided with the jigsaw table continuing to provide much interest. ## **IT** We continue to use Zoom when appropriate but now stream Sunday services via You Tube We have continued to upgrade our equipment enabling us to provide better quality transmissions. Page **7** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ In a similar way we are able to transmit Funerals and Weddings if the families concerned so wish. ## **Wesley Centre** Use of the Wesley Centre by external groups is buoyant. We aim to keep our prices competitive and any surplus monies from such lettings are modest when servicing the rooms is taken into account. ## **B-Safe, B-Warm (a project to restore the 47 windows in the schoolroom block)** The church community, friends and family have fully supported fund-raising for this project adding £9834 (plus £1013 in Gift Aid) during 2025/2026. It has been encouraging to see all ages of our church family working towards this common goal in an area where social deprivation is high. Our Church is located at the heart of the largest conurbation in Cornwall, both geographically and by population the CPIR (Camborne Pool Illogan Redruth) district has a population 60,986. CPIR is not a particularly prosperous overall catchment with the conurbation ranked as being within the 10% most deprived nationally. Neighbourhoods in Camborne have been designated as being in the top 10% / 20% most deprived communities in the country, as stated in the Index of Multiple Deprivation figures for 2019. ## **Review of the year** ## **Income Trends** Church income is primarily drawn from the Sunday collections and Gift Aid Tax Credit. Additional income is derived from the lettings of rooms within in our premises to various community groups. The church also benefits from income from tenanted properties on its site. Income from our donors at £55786 was an increase of 9.78% on the previous year. _(£50816 (2024))_ We were able to meet our Church Assessment of £66792 in full. Our budgets indicate that we are unlikely to meet our assessment for the period 1/9/2025 to 31/8/2026 in full; at £68731 it is an increase of 2.9% on the previous year. We have once again requested that the Circuit review the structure for the Assessment levied on churches. To find £5728 each month would be a huge drain on our income. We have agreed to pay £5000 monthly until the review has taken place. Gift Aid brought £8836 (net of transfers) into the General account and GASDS another £2662 (this figure includes an adjustment from the previous year which had not been finalised at the relevant year-end) ## **Expenditure Trends** The major cost is in relation to the assessment paid to the Camborne Redruth Hayle Circuit. This amounted to 36.38% _(2024 38.02%) of_ our core running costs. When set against our total expenditure these figures are 16.80% (2024 20.46%). A significant amount of the Page **8** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ Circuit assessment is used to pay the District Assessment, and stipends and related costs to Ministers. At £21231 ( _2024 £16175 )_ our property expenditure on the chapel and schoolroom continued our policy of keeping our buildings in very good order. Maintenance contracts have been refreshed and are in place where-ever appropriate. However a project to Replace or Repair 47 Windows of the Schoolroom building has cost a further £75783 during the year ## **B-Safe, B-Warm (Project to repair 47 windows of the schoolroom block)** Having accepted a tender for Phase 1 of £47408, the work eventually started. The appointed contractor then advised us that the windows were not fit for repair and they would need to be replaced; revised costings took the cost to £107360 (including VAT). Phase 1 is still not completed as rotten roof timbers were found in need of replacement and the contracted cost had not included painting and sealing of the new windows. All this will add a further estimated £13000 (including VAT) to the cost of Phase 1. ## **Growing as a Family (Children’s Work project)** We have been successful in gaining support from several funders enabling our work to continue. A full list is provided on page 4 **Investment propertes –** There have been no changes in tenancies during the year but major repairs to the roof of Wesley Court have been completed. The cost incurred during the reporting year was £21023. ## **Fund balances** As at 31 August 2025 the net current assets of the church were £127310 ( _2024 £183168)_ giving approximately 4 months’ cover for expenditure in an average year. _(2024 7 months_ ). It should be noted that cash balances held in support of the Restricted Funds will only be available for those Restricted purposes. ## **Plans for 2025/2026** Church financial plans for the coming year have been prepared on the basis of:- - Wages All employment costs have a budgeted increase of 5.00% - Expenses Most lines have been increased by 5% over 2024/2025 actuals - Givings We continue to encourage regular giving - Investmen t Properties - External lettings The next rent increases will be due in August 2026 Small increases have been applied to Hire of Space by external groups Our biggest expense, the Assessment, is set at £68731 for the year - Assessme 2025/2026 _(£66792 for 2024/2025)_ ; this is an increase of 2.9% on nt the previous year. We have agreed to pay £60000 for the year, as we still await the promised review - Energy supplies No contracts are due for renewal during the 2025/2026 Page **9** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ - The church family will be challenged to review their giving during 2025/2026; however active fund-raising continues for the - Financial Windows Project. The Leadership is again reviewing the benefit of - Review of making contactless giving available. Increased bank charges for - Givings cash and cheque handling can be set against administrative charges for use of contactless giving. ## **Trustees’ Annual Report on Finance and Governance Basis of preparaton and legal framework** The Charity’s annual report and accounts for the year ended 31 August 2025 have been prepared in accordance with SORP (FRS 102) as updated, being the current version of Accounting and Reporting by Charities; Statement of Recommended Practice Full Name of Charity/Church Camborne Wesley Methodist Church 1127807 Registration Charity Number Date of Registration 2[nd] February 2009 Main Communication Address Church Office Chapel Street Camborne TR14 8EG The members of the Church Council of Camborne Wesley Methodist Church are the Charity Trustees, membership being made up of church office holders, Minister and representatives appointed by the church at the Annual General Meeting. Full membership is shown as Appendix A to this report. **Treasurer** Mrs Morwenna Williams _Morwenna Williams acted as the principal officer overseeing the day to day financial management and accounting for the church during the year._ **Independent Examiner** Anthony Fry Of Pryor Begent Fry and Co 97 Meneage Street Helston TR13 8RE **Investment Bankers** Central Finance Board of the Methodist Church 9 Bonhill Street, London EC2A 4PE Trustees for Methodist Church Purposes Central Buildings Oldham Street, Manchester M1 1JQ Page **10** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ## **Solicitor** To be selected from the Panel Solicitors approved by Trustees for Methodist Church Purposes **Letting Agents** Celtic Property Lettings 12 Cross Street, Camborne TR14 8EX ## **Aims and organisaton** Our **Mission Statement** Camborne Wesley – _**A Church Committed to Christ and Community**_ Our **Current Vision** is to work towards the growth of the Kingdom of God in Camborne through a commitment to worship, mission and service. ## _**The only thing that counts is faith expressing itself in love**_ Our goals: - - To have a variety of styles of worship to meet the needs of the whole community - To cater for a variety of patterns of spirituality - To develop our own leaders - To develop the Wesley Centre’s service to the community - To improve our pastoral care system - To develop an evangelism strategy - To continue our community outreach - To have a sound financial strategy - To have a world vision - To set the moral agenda The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of: - a) The Christian faith in accordance with the doctrinal standards and discipline of the Methodist Church - b) Any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of the Methodist Church - c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church - d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church The main activities of our church are: - - Worshipping God through prayer, song and other acts of worship - The organisation and resourcing of regular acts of worship open to members of the church and non-members alike - The teaching of Christianity through sermons, courses and small groups focusing on prayer and/or fellowship and/or Bible Study - The resourcing of pastoral work including visiting the sick and bereaved Page **11** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ - Promotion of Christianity through the staging of events and services - Provision of chaplaincy services to local schools, care homes and other institutions as appropriate and when able ## **Public Beneft** We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit ## **Structure, Governance and Management** The governing document for the church is the Deed of Union (1932) and Methodist Church Act (1976) Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference (CPD) cpd-vol-10822_hwcb9ZA.pdf (methodist.org.uk) Day to day management of the church is undertaken by the Church Leaders’ team along with the Minister. Four sub committees of the Church Council, namely Resources, Community Links, Pastoral and Ministries, meet regularly and report back to each of the Church Council Meetings. People representing the various areas of our church work are appointed at the AGM of the church (General Church Meeting) to be Trustees and to sit on the Church Council. The last elections were in May 2025, effective wef 1/9/2025. Some officers of the church are elected by the Church Council itself and these people then become Trustees. The most recent such elections were held in May 2025 also. Senior lay staff attend Church Council meetings in an advisory non-voting capacity. ## **Trustee Training** A range of guidance produced by the Methodist Connexion to support the effective running of the church and the role of Trustees, is given to the Church Trustees at various meetings and/or training sessions. We are now able to share in on-line training set up by Methodist Church House. ## **Related Partes** The Church is part of the Camborne, Redruth & Hayle Circuit, which is part of the South West Peninsula District and is also accountable to the Methodist Conference. None of the trustees made a gift of land or substantial other asset to the Church during the year The internal organisation linked to this church is our trading arm - Camborne Wesley Centre Catering Ltd Registered Office: Camborne Wesley Methodist Church, Chapel St, Camborne TR14 8EG Registered in England No: 05358898 Camborne Wesley Methodist Church is listed in the People with Significant Control Register of Camborne Wesley Centre Catering Ltd as a ‘Relevant Legal entity’(RLE) Page **12** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ## **Going Concern** The Trustees have been mindful in recent years of the COVID -19 guidance produced by the Charities SORP committee; it is now time to examine the immediate and long-term future. Our largest item of expenditure is the Assessment levied on us by the Camborne Redruth Hayle Methodist Circuit. Under our Constitution, the Methodist Church has the first call on our funds; the Assessment was paid in full to 31/8/2025. Having continually asked for a review of the Assessment levied on us, we are withholding 12.7% of this year’s figure until the matter has been resolved. The trustees are finding long-term financial planning challenging. The B-Safe, B-Warm Windows project budgeted cost is now £229,000. The deterioration of some of the chapel windows may mean that they take priority over Phases 2 and 3 of the Schoolroom Windows. Initial costings are awaited to aide future planning. The value of our investments now stands at £92916. The net gain on revaluation for the year was £2253. ## **Consolidaton** Camborne Wesley Methodist Church and Camborne Wesley Centre Catering Ltd have prepared separate sets of accounts as the joint turnover does not exceed £1 million after consolidation adjustments (Charities SORP (FRS102) Appendix 3 A.11 refers) ## **Risk Management** The trustees are mindful that it is not immune from risk. - Guidance is sought from the Government publications and the Methodist Church - Our trading company trades on very small margins in order to make the food accessible to all; the overheads are high in comparison to the food served - The contract for gas supply has been renegotiated wef 1/5/2024 and will run for 3 years to 30/4/2027; the new electricity contract runs wef 1/1/2025 and runs for 3 yrs to 31/12/2027. - We are facing major repairs to our 200 year old building. The repair of 47 windows in the Schoolroom block has been divided into 3 phases. The ultimate cost for Phase 1 will exceed the figure we had been advised would cover the whole three phases. - We are aware that many of the chapel windows also need repair and are seeking professional advice in this regard. - Our chief current concern is the imbalance between our core expenditure and the income received by the charity. The income comes in the main from regular subscription from the members of the congregation of our church, and from the hiring of space to community groups. We are actively looking at ways of reducing expenditure in all areas - Our tenanted properties continually need upgrading. The estimated cost of replacing the stairs to the first floor of Wesley Court is £60K - Our future will be dependent on future generations being willing to take on leadership and governance roles. There are positive signs that this is happening. Page **13** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ## **Safeguarding** Every person has a value and dignity which comes directly from the creation of male and female in God’s own image and likeness. Christians see this potential as fulfilled by God’s re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm. Methodist Connexional practice outlines commitment to the following principles: - The care and nurture of, and respectful pastoral ministry with all children, young people and adults - The safeguarding and protection of all children, young people and adults when they are vulnerable - The establishing of safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse. - We will carefully select and train all those with any responsibility within the Church, in line with Safer Recruitment principles, including the use of criminal records, disclosures and registration with the relevant vetting and barring schemes. - We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the police and local authority in any investigation. - We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care. - We will seek to challenge any abuse of power, especially by anyone in a position of trust. - We will seek to offer pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person or vulnerable adult. - In all these principles we will follow legislation, guidance and recognised good practice. Camborne Wesley Methodist Church commits itself to ensuring the implementation of Connexional Safeguarding Policy, Government legislation, guidance and safe practice in the church. It also commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. ## **Reserves Policy** The Reserves Policy for the Church is to hold a minimum sum equivalent to three months’ average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on the church building and/or to be able to continue, in the short term, funding planned activities in the event of any inability to raise the full expenses including the assessment payable to the Circuit. Whilst this is the policy, at the present time we do not have sufficient Unrestricted Reserves to meet the requirements of this policy. Both our Circuit (Camborne Redruth Hayle) and our Methodist Connexion state that we should carry 6 months’ reserves. At the present time we are unable to meet this requirement. Page **14** of **15** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ The main cause for the position in which we find ourselves is that between 2020 and 2022 (the COVID years) we used our Reserves to keep our church alive. Higher than expected running costs since 2022 have meant that there is no surplus cash to start re-building our reserves. Page **15** of **15** |_Name of Church_|**Camborne Wesley Methodist Church**|**Camborne Wesley Methodist Church**|**Camborne Wesley Methodist Church**|**Camborne Wesley Methodist Church**|_Church No_|**370105**| |---|---|---|---|---|---|---| |||||||| |**Statement of Financial Activities(SOFA) for theyear ended 31 August 2025**||||||| ||**Note**
**s to**
**the**
**acco**
**unts**|**General Fund**
**(Unrestricted)**|**Designated**
**Funds**
**(unrestricted)**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2024-25**| |||£|£|£|£|£| |**Income**||||||| |1 Offerings||55,786|1,000|11,286||**68,073**| |2 Donations and legacies|4|3,521||1,276||**4,797**| |3 Gift aid||17,509||||**17,509**| |4 Interest and investment inc|o
7|11,066||||**11,066**| |5 Income from investmentpro|5|48,857||||**48,857**| |5a Income from external lettings||36,143||||**36,143**| |6 Internal organisations||||||**-**| |7 Other charitable income|8|9,401|70,116|73,019||**152,536**| |8**Total income**||**182,283**|**71,116**|**85,581**|**-**|**338,980**| |**Expenditure**||||||| |9 Circuit assessment or share||66,792||||**66,792**| |10 Grants and donations||2,789||||**2,789**| |11 Propertymaintenance|20|48,292|26,885|76,203||**151,380**| |12 Insurance,utilities etc||24,014||||**24,014**| |13 Depreciation|12|2,267||384||**2,651**| |14 Office expenses||2,361|140|3||**2,504**| |15 Other expenditure|21|37,063|68,772|41,545||**147,380**| |16 Internal organisations||||||**-**| |17**Total charitable expenditure**||**183,578**|**95,797**|**118,135**|**-**|**397,509**| |18 Gains/(losses)on monetary|13||||2,253|**2,253**| |19 Gains/(losses)on investmentproperties||||||**-**| |20**Net income/(expenditure)**||**(1,296)**|**_(24,681)_**|**_(32,553)_**|**_2,253_**|**_(56,276)_**| |21 Transfers between funds||**_(8,271)_**|**_16,474_**|**_(8,203)_**||**_-_**| |22 Othergains/(losses)||||||**_-_**| |23**Net movement in funds**||**(9,567)**|**_(8,207)_**|**_(40,756)_**|**_2,253_**|**_(56,276)_**| |24 Total funds brought forward||2,030,794|31,825|141,009|90,663|**2,294,291**| |**25 Total funds carried forward**||**2,021,227**|**23,618**|**100,253**|**92,916**|**2,238,015**| _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ## Camborne Wesley Methodist Church Church No: 120105 (wef 1/9/2024 370105) **Statement of Financial Activities (SOFA) for the year ended 31 August 2024** |Camborne WesleyMethodist Church|Camborne WesleyMethodist Church||Church No:|120105|(wef 1/9/2024 370105)|(wef 1/9/2024 370105)| |---|---|---|---|---|---|---| |||||||| |**Statement of Financial Activities(SOFA) for theyear ended 31 August 2024**||||||| ||**Notes to**
**the**
**accounts**|
**General Fund**
**(Unrestricted)**|**Designated**
**Funds**
**(unrestricted)**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**
**2023-24**| |||£|£|£|£|£| |**Income**||||||| |1 Offerings||50816||10997||**61813**| |2 Donations and legacies|4|1856||3804||**5660**| |3 Gift aid + GASDS||13361||||**13361**| |4 Interest and investment income|7|11438||||**11438**| |5 Income from investmentproperties|5|41382||||**41382**| |5a Income from external lettings||35644||||**35644**| |6 Internal organisations||100||||**100**| |7 Other charitable income|8|14230|65077|57234||**136541**| |8**Total income**||**168827**|**65077**|**72035**|**0**|**305938**| |**Expenditure**||||||| |9 Circuit assessment or share||65484||||**65484**| |10 Grants and donations||2542||200||**2742**| |11 Propertymaintenance|20|42666|42194|6586||**91446**| |12 Insurance,utilities etc||16033||||**16033**| |13 Depreciation|12|3009||997||**4006**| |14 Office expenses||5330||72||**5402**| |15 Other expenditure|21|37162|62603|35160||**134925**| |16 Internal organisations||||||**0**| |17**Total charitable expenditure**||**172226**|**104797**|**43015**|**0**|**320038**| |18 Gains/(losses)on monetaryinvestme|n
13|2126|||7704|**9830**| |19 Gains/(losses)on investmentproperties||||||**0**| |20**Net income/(expenditure)**||**(1273)**|**(39720)**|**29020**|**7704**|**(4270)**| |21 Transfers between funds||(11199)|14182|(2983)||**0**| |22 Othergains/(losses)||||||**0**| |23**Net movement in funds**||**(12472)**|**(25538)**|**26037**|**7704**|**(4270)**| |24 Total funds brought forward||2043266|57363|114972|82959|2298560| |**25 Total funds carried forward**||**2030794**|**31825**|**141009**|**90663**|**2294290**| Page **2** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ |||||||||| |---|---|---|---|---|---|---|---|---| |**Name of Church**||**Camborne Wesley Methodist Church**||||||**Church No**| |||||||||**370105**| |||**Balance Sheet as at 31 August 2025**||||||| |||||||||| ||**Notes to the**|
**General Fund**
**(Unrestricted)**|**Designated**
**Funds**
**(Unrestricted)**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Totals 2025**||**Totals 2024**| ||**Accounts**|£|£|£|£|£||£| |||||||||| |**Fixed Assets**||||||||| |Church buildingand otherproperty|12|||||||1,004,510| |Investmentproperties|12|||||1,015,950||1,015,950| |Investments|13||||92,916|92,916||90,663| |**_Total fixed assets_**||**2,017,789**|**0**|**0**|**92,916**|**2,110,705**||**2,111,123**| |||||||||| |**Current Assets**||||||||| |Debtors andprepayments|14|40,634||||40,635||27,282| |Loans bythe Churches||||||0||0| |Investments with TMCP|13|0||||0||63| |Central Finance Board Deposits|14a|7,807|23,621|100,253||131,681||184,036| |Cash at Bank and in hand|14a|21,325||||21,325||10,462| |**_Total current assets_**||**69,766**|**23,621**|**100,253**|**0**|**193,640**||**221,843**| |**Current liabilities**||||||||| |Creditors (due in under 1 year)|15|66,330||||66,330||38,675| |Grants payable within 2025-26||||||0||| |**_Total current liabilities_**||**66,330**
**0**
**0**
**0**
**66,330**
**38,675**||||||| |**_Net current assets/liabilities_**||**3,436**|**23,621**|**100,253**|**0**|**127,310**||**183,168**| |||||||||| |**_Total assets less current liabilities_**||**2,021,225**|**23,621**|**100,253**|**92,916**|**2,238,015**||**2,294,291**| |||||||||| |**Long term liabilites**
**(due afer more than one year)**||||||||| |Grants payable after 2025-26
Loans to the Church
**_Net assets_**||||||**0**||| |||||||**0**||| |||||||**0**||| |||**2,021,225**|**23,621**|**100,253**|**92,916**|**2,238,015**||**2,294,291**| |||||||||| |||||||||| |**Funds of the Church**||||||||| |General Fund(Unrestricted)||2,021,225||||2,021,225||2,030,794| |Designated Funds(Unrestricted)|||23,621|||23,621||31,825| |**_Total Unrestricted Funds_**||||||**2,044,846**||**2,062,619**| |Restricted Funds|||**100,253**|||100,253|**141,009**|| |Endowment Funds||||**92,916**
92,916|||**90,663**|| |**_Total Funds_**||**2,021,225**|**23,621**|**100,253**|**92,916**|**2,238,015**||**2,294,291**| |||||||||| |||||Signed||||| ||||||MAWilliams|||18/10/2025| |||||Church Treasurer||M A Williams||| Page **3** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ |||||||||| |---|---|---|---|---|---|---|---|---| |**Camborne Wesley Methodist Church**||||||||**Church No**| |||||||||**120105**| |||**Balance Sheet as at 31 August 2024**||||||| |||||||||| ||**Notes to the**|**General Fund**
**(Unrestricted)**|**Designated**
**Funds**
**(Unrestricted)**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Totals 2024**||**Totals 2023**| ||**Accounts**|£|£|£|£|£||£| |||||||||| |**Fixed Assets**||||||||| |Church buildingand otherproperty|12|1,004,510||||1,004,510||1,008,514| |Investmentproperties|12|1,015,950||||1,015,950||1,015,950| |Investments|13||||90,663|90,663||82,959| |**_Total fixed assets_**||**2,020,460**|**0**|**0**|**90,663**|**2,111,123**||**2,107,423**| |||||||||| |**Current Assets**||||||||| |Debtors andprepayments|14|27,282||||27,282||47,857| |Loans bythe Churches||||||0||0| |Investments with TMCP|13|63||||63||24,412| |Central Finance Board Deposits|14a|11,202|31,825|141,009||184,036||38,825| |Shawbrook (100 day deposit)|14a|0||||||86,344| |Cash at Bank and in hand|14a|10,462||||10,462||9,336| |**_Total current assets_**||**49,009**|**31,825**|**141,009**|**0**|**221,843**||**206,774**| |**Current liabilities**||||||||| |Creditors (due in under 1 year)|15|38,675||||38,675||15,636| |Grantspayable within 2023-24||||||0||| |**_Total current liabilities_**||**38,675**|**0**|**0**|**0**|**38,675**||**15,636**| |**_Net current assets/liabilities_**||**10,334**|**31,825**|**141,009**|**0**|**183,168**||**191,138**| |||||||||| |**_Total assets less current liabilities_**||**2,030,794**|**31,825**|**141,009**|**90,663**|**2,294,291**||**2,298,561**| |||||||||| |||||||||| |**Long term liabilites**
**(due afer more than one year)**||||||||0| |Grantspayable after 2023-24||||||**0**||0| |Loans to the Church||||||**0**||0| |||||||||| |**_Net assets_**||**2,030,794**|**31,825**|**141,009**|**90,663**|**2,294,291**||**2,298,561**| |||||||||| |||||||||| |**Funds of the Church**||||||||| |General Fund(Unrestricted)||2,030,794||||2,030,794||2,043,267| |Designated Funds(Unrestricted)|||31,825|||31,825||57,363| |**_Total Unrestricted Funds_**||||||**2,062,619**||**2,100,630**| |Restricted Funds||||**141,009**||141,009||**114,972**| |Endowment Funds|||||**90,663**|90,663||**82,959**| |**_Total Funds_**||**2,030,794**|**31,825**|**141,009**|**90,663**|**2,294,291**||**2,298,561**| |||||||||| ||||||Signed|MAWilliams||| |||||Church Treasurer||MA Williams||31/10/2024| Page **4** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ |**For informaton only, money received and passed on to External Organisatons**|**For informaton only, money received and passed on to External Organisatons**|**For informaton only, money received and passed on to External Organisatons**|**For informaton only, money received and passed on to External Organisatons**|||| |---|---|---|---|---|---|---| ||||Total|||_2024_| |Oferings/gifs-received for external organisatons|||825|||_824_| |Oferings/gifs-passed to externalorganisatons|||488|||_1243_| |||||||| |||||||| ||b/f||Paid over||Rec'd|o/s| ||||£||£|| |Acton for Children|8||272||264|0| |All we Can|0||216||216|0| |Operaton Mobilisaton|-23||0||345|322| |||||||| |**Total**|**-15**||**488**||**825**|**322**| ## **Notes to the Accounts** ## 1 **Basis of Accounting** The Charity’s annual report and accounts for the year ended 31 August 2025 have been prepared in accordance with _Accounting and Reporting by Charities: Statement of Recommended Practice (SORP)_ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (2019) – (Charities SORP (FRS 102) (2019) ## **2 Funds** The funds held constitute: Unrestricted Funds held for any purpose of the Church, but which will be for General Purposes or Designated Purposes; Restricted funds which are held for a narrower purpose. There are also Endowment Funds as listed at Note 13. Details of each material fund are disclosed in Note 18. Any fund may be represented by more than just cash. ## **3 Accounting Policies** ## **Basis** These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year. The accruals basis has been used and the trustees present accounts that show a true and fair view of the Church’s financial position and activities. ## **Income** Income is included in the Statement of Financial Activity (SOFA) when the church becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources, and the monetary value can be measured with sufficient reliability ## **Expenditure** This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Church to pay out the resources. ## **Grants** Grants made by the Church from its own funds are recognised in full at the time of agreement or when the Church accepts that there is a legal or operational obligation to Page **5** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms. ## **VAT** Since the church is not VAT registered, all input VAT is charged with the expenses to which it refers. ## **Tangible fxed assets for use by the Church** These are capitalized if they can be used for more than one year and individually cost at least £500. The freehold property is shown as follows: - - Building (known as chapel and schoolroom) in Chapel Street, Camborne – valuation by Goldring Yates in November 2009 - Other Buildings (Wesley Court, 14 Chapel Street and 13 Victoria Street) - shown at insured valuation (February 2015) - ## **Investment Propertes** Investment properties – no property is currently deemed not to be held for the longterm purposes of the charity. ## **Investments** Investments are valued in the balance sheet at the market value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year-end are shown in the SOFA. ## **Debtors and prepayments** Debtors include Lettings and Meals on Wheels invoices outstanding as at 31[st] August 2025. Following the preparation of accounts for the year to 31/8/2025 the sum of £1252.00 was received from Camborne Wesley Centre Catering Ltd in respect of the company’s trading to the year ended 31/8/2025. This sum was GiftAided from the company to the church. ## **Creditors** Creditors include outstanding items relating to utilities, telephones, etc as at 31[st] August 2025. - **4 Donations and legacies** Page **6** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ||General Fund
(Unrestricted)
|Designated
Funds
(unrestricted
)||Restricted
Funds|Restricted
Funds|Endowment|Endowment||Total||_2024_| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Funds||||| ||
£|£|||£||£||£||| ||||||||||||| |Donatons|2,521||||1,276||**-**||3,796||_5660_| |Legacies|1,000|-|||||**-**||1,000||_0_| ||||||||||||| ||**3,521**|**-**|||**1,276**||**-**||**4,796**|**_5,660_**|| ## **5 Income from Investment Properties** The Trustees have determined that the property listed below is unlikely to be used as worship space or meeting rooms in the foreseeable future and have therefore classified the same as Investment Properties. Letting Income is shown gross of fees and commissions. |||No.of|
General Fund
(Unrestricted)|Designated
Funds
(unrestricted)|Restricted
Funds|Restricted
Funds|Endowmen|Endowmen||Total|_2024_| |---|---|---|---|---|---|---|---|---|---|---|---| |||Units||||||t Funds|||| ||||
£|£||£||£||£|£| |LetngIncome|||||||||||| ||13 Victoria Street|1|7,097|**-**||**-**||**-**||**7,097**|**6,791**| ||14 Chapel Street|2|14,171|**-**||**-**||**-**||**14,171**|**11,692**| ||WesleyCourt|4|27,590|**-**||**-**||**-**||**27,590**|**22,898**| ||||**48,857**|**-**||**-**||**-**||**48,857**|**41,382**| ## **6 Other Trading Activities** All trading activity is carried out through Camborne Wesley Centre Catering Ltd (Registered in England 0535898), Registered Office Camborne Wesley Methodist Church, Chapel Street, Camborne TR14 8EG ## **7 Interest and Investment Income** |**Bank accounts**
Central Finance Board
Shawbrook Bank Ltd
Interest in overdue account
**Other**
**Total**|||Unrestricted|Designated
(unrestricted)||Restricted|Endowment|Endowment||Total||_2024_| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Funds||||| ||||£|||||£||£||| |||||||||||||| ||||7324|**-**||**-**||**-**||7324||_6256_| ||||0|**-**||**-**||**-**||0||_168_| |||
0||**-**||**-**||**-**||0||44| |||3742||**-**||**-**||**-**||3742||_4970_| |||**11066**||||||||**11066**||**_11438_**| Page **7** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ## **8 Other Charitable Income** |**Unrestricted**|||To|tal||_20_|_24_| |---|---|---|---|---|---|---|---| |||£||£||_£_|_£_| |General||45|87|||_6051_|| |General-Grants recd-LPWGS||38|15|||_6679_|| |General-Grants recd||10|00|||_1500_|| |**Unrestricted **|**Total**|||**9401**|||**_14230_**| ||||||||| |**Designated**|||||||| |Meals on Wheels||701|16|||_64338_|| |Investment Property Reserve||||||_739_|| |**Designated **|**Total**|||**70116**|||**_65077_**| ||||||||| |**Restricted**|||||||| |Children's Work|Grant|176|20|||_10240_|| |Children's Work-Toddlers|Grant|277|00||||| |Church Administrator|Grant|66|54|||_6654_|| |Windows'Repairs|Grant|88|11|||_34500_|| |Window Repairs||59|92||||| |Children's Work|||7|||_73_|| |Contra||8|95|||_-117_|| |Refurbishment||||||_666_|| |Toddlers Fund-Tesco Grant||5|00||||| |Toddlers subscriptons||48|40|||_5218_|| |**Restricted **|**Total**|||**73019**|||**_57234_**| ||||||||| |**GRAND **|**TOTAL**|||**152536**|||**_136541_**| ## **9 Payment to Trustees** ||||Totals||_2024_| |---|---|---|---|---|---| ||||||| |Payments made to trustees for additonal services provided to the Church by
agreement with the Church Council Meetng|£||0||_0_| |Number of trustees who werepaid expenses|||0||_0_| ||||||| |**Total amount paid**|**£**||0||_0_| ||||||| |Number of trustees who werepaid Mileage for Meals on Wheels Deliveries|||3||_3_| |**Total amount paid**|**_£_**||**363**||**_396_**| ||||||| |**GRAND TOTAL**|**£**||**363**||**_396_**| ## **10 Fees for examination of accounts** |**Fees for examinaton of accounts**|||||| |---|---|---|---|---|---| ||||Total||_2024_| |Independent examiner's fees for reportngon the accounts|£||606||_540_| The independent examiner provided no additional services during the year. ## **11 Paid employees** Page **8** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ||Full
Time||Part
Time|Unrestricted||Designated|Restricted|Endowment|Funds||Total||_2024_| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||0||12||||||||||| |**Property Maintenance - Site Management**|||||||||||||| |Payrollcosts||22908||22908|||||||22908||_21429_| |**Children's Work - Children's Project Worker,**
**Toddlers' Leader, Toddlers' Assistant**|||||||||||||| |Payroll costs||34415|||||34415||||34415||_32155_| |**Church Administrator**|||||||||||||| |PayrollCosts||15294||15294|||||||15294||_15006_| |**Musical Director**|||||||||||||| |Payroll Costs||3135||3135|||||||3135||_2953_| |**Meals on Wheels Administrator**|||||||||||||| |Payroll Costs||8566||||8566|||||8566||_8000_| |**Manager of Volunteers**|||||||||||||| |Payroll Costs||3963||3963|||||||3963||_4000_| |**Safeguarding Ofcer**|||||||||||||| |0|0|3963||3963|||||||3963||_4000_| |**Totals**||**92244 **||**49263**||**8566 **|**34415**|**0 **|||**92244**||**_87542_**| ## _**Notes**_ - Employees that are not ‘full-time’ are classed as ‘part-time’. - No employees received employee benefits of more than £60,000. - The holiday year ends on 31[st] December and accruals have been made in respect of untaken holiday as at 31[st] August. - All employees are paid at or above the Real Living Wage. **Pensions -** Camborne Wesley Methodist Church uses NEST (National Employment Savings Trust) for Auto-enrolment of employees. ## **12 Tangible Fixed Assets and depreciation** Page **9** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ||Church (non investment) land
and buildings|Other non investment land and
buildings|Investment propertes (land and
buildings)|Other fxed assets including
motor vehicles|Fixtures, ftngs and equipment|Payments on account and
assets under constructon|Total|_2024_| |---|---|---|---|---|---|---|---|---| ||£|£|£|£|£|£|£|_£_| |**Balance brought forward**|1000000|0|1015950|0|105509|0|2121459|_2121459_| |Additons|0|0|0|0|0|0|0|_0_| |Revaluatons(+/-)|0|0|0|0|0|0|0|_0_| |Disposals(-)|0|0|0|0|0|0|0|_0_| |Transfers(+/-)|0|0|0|0|0|0|0|_0_| |Balance carried forward|1000000|0|1015950|0|105509|0|2121459|_2121459_| |||||||||| |**Accumulated Depreciaton**||||||||| |_Basis_|||||_SL_|||| |_Rate_||||_over 3 years_||||| |Balance brought forward|0|0|0|0|100999|0|100999|_96994_| |Depreciaton charge foryear(+/-)|0|0|0|0|2651|0|2651|_4005_| |Revaluatons (+/-)|0|0|0|0|19|0|19|_0_| |Disposals(-)|0|0|0|0|0|0|0|_0_| |Transfers(+/-)|0|0|0|0|0|0|0|_0_| |Balance carried forward|0|0|0|0|103669|0|103669|_100999_| |||||||||| |**Net Book Value**||||||||| |Brought forward|1000000|0|1015950|0|4510|0|2020460|_2024464_| |Carried forward|1000000|0|1015950|0|1840|0|2017790|_2020460_| ## **13 Investments** The investments that support the various funds are held by TMCP in Trustees Interest Funds on which interest is credited to the accounts each month. These are regarded as medium and long-term investments. TMCP is the legal owner and Custodian Trustee of all Methodist Model Trust Property including Legacies, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day-to-day management of trust property. TMCP ensure that, through providing guidance and acting under their direction, the Managing Trustees comply with charity law and Methodist law and polity as determined by the Methodist Conference. Page **10** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ |**Funds held by Trustees for Methodist Church Purposes**|**Funds held by Trustees for Methodist Church Purposes**|**Funds held by Trustees for Methodist Church Purposes**|||||| |---|---|---|---|---|---|---|---| |||||Totals|||_2024_| |**Permanent Endowments**|||||£||£| ||3388|M & G Equites Inv Fd Charifunds|||54441||_52178_| ||6123|CFB Managed Mixed|||4481||_33168_| ||2602|CFB Managed Fixed Interest|||33230||_4585_| |||Trustees Interest Fund|||2||_2_| |||Trust Income|||762||_729_| |||subtotal|||92916||_90663_| ||||||||| |**Model Trust Bequests**|||||||| |||M & G Equites Inv Fd Charifunds|||0||_0_| |||CFB UK EquityFund Units|||0||_0_| |||Trustees Interest Fund|||0||_63_| |||Trust Income|||||| |||subtotal|||0||_63_| ||||||||| |||**TOTAL**|||**92916**||**_90725_**| ||||||||| |**Analysis of investment movements**|||||||| |**Change in investment values**|||||||| ||||||Totals||_Totals_| ||||||_£_||_£_| |Carrying (market)value at beginningofyear|||||90725||_107370_| |Add: additons to investments at cost|||||||| |Less: disposals at carryingvalue|||||-63||_-24074_| |Netgain/(loss)on revaluaton|||||2253||_7429_| |**Carrying (market) value at end of year**|||||**92916**||**_90725_**| ## **14 Analysis of current assets** |||This year||_2024_| |---|---|---|---|---| |||£||_£_| |Prepayments and accrued income||8449||7665| |Stock||2463||1697| |CWCC Ltd||-1286||3962| |Other debtors||31009||13958| |**Total debtors and prepayments**||**40635**||**27282**| ## **14a Analysis of cash at bank** Page **11** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ |||Total||_2024_| |---|---|---|---|---| |||£||_£_| |Bank balance held in Santander 090726-54428484||6689||_6305_| |Bank balance held in Lloyds 770914-22902060||6429||_1907_| |Bank balance held in Lloyds 309700-01716398||7868||_1911_| |Pety cash||339||_339_| |**Total**||**21325**||**_10462_**| |||||| |**Bank balance held in CFB a/c 02448010**||**131680**||**_184036_**| |||||| ## **15 Analysis of current liabilities** |||This year||_2024_| |---|---|---|---|---| |||||_£_| |Trade creditors||5893||5070| |Other Creditors||12206||7828| |Provision for liability||47014||25001| |Receipts in advance||1217||756| |**Total Current Liabilites**||**66330**||**38675**| ## **16 Capital commitments and contingent liabilities** At the 31[st ] August 2025, the Church had no capital commitments. No contingent liabilities were identified at 31[st] August 2025 ## **17 Loans and creditors due after one year** There were no loans or creditors due after one year, as at 31[st] August 2025 ## **18 Detailed analysis of individual fund types and movements** Page **12** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ||Opening
Balance
1/9/2024|Income|Expenditure|Transfers|Revaluaton
gains/lossses|Closing
Balance
31/8/2025|Reason for
Transfer| |---|---|---|---|---|---|---|---| |**Unrestricted (General)**|||||||| |Church Buildings Reserve|2,017,301|-|-|-|-|2,017,301|| |General Revenue Reserve|1,984|181,283|(183,495)|(8,271)|-|(8,499)|Internal use of space; interest &
gifaid allocatons; property repairs| |Legacies -Unrestricted|11,509|1,000|(85)||-|12,424|| |**Totals**|**2,030,794**|**182,283**|**(183,581)**|**(8,271)**|**-**|**2,021,226**|| |**Unrestricted (Designated)**|||||||| |Children's Work Designated|19,252|-|-|-|-|19,252|| |Church Administrator Reserve-Desig|9,200|-|-||-|9,200|| |Contngency Reserve|12,208|-|-|2,007|-|14,215|Redefned need| |Investment Property Reserve-D|(21,166)||(26,885)|18,000|-|(30,052)|to reduce defcit| |Meals on Wheels - Designated|1,717|70,116|(68,908)|(1,526)|-|1,398|transfers re ofce facilites,
photocopying charge, raw
materials and consumables| |Missioners' Reserve - D|1,500|-|-|(1,500)|-|-|no current need| |Refurbishment-Designated|8,607|1,000|-|-|-|9,607|| |Ukranian Refugee Supprt Fund designa|
507|-||(507)|-|-|no current need| |**Totals**|**31,825**|**71,116**|**(95,794)**|**16,474**|**-**|**23,620**|| |**Restricted**|||||||| |Children's and Youth Work|657|||28||685|interest allocaton| |Children's Work Grants Restricted|4,796|17,620|-|(12,591)|-|9,825|interest allocaton/release of
grants| |Children's Work-Toddlers Grants Rec|-|27,700|(2,493)|(6,863)||18,344|interest allocaton, payroll costs| |Children's Work Restricted|3,570|3,357|(36,147)|29,392||171|wages, room use, ofce costs,
interest,gifaid| |Contra|(9)|1,394|(947)|(110)|-|328|Harvest lunch costs/balance to
AllWeCan| |Church Administrator Grants Received|
3,607|6,654||(8,788)||1,473|grants to general rewages;interest| |EOY Control|0|||1,500||1,500|to control Gifaid and Interest
Allocatons| |Legacies- Restricted|365|-|-|15|-|380|interest allocaton| |Meals on Wheels- Restricted|5,397|49|(682)|225|-|4,989|interest allocaton| |Benelovent Fund (formerly Minister's
Fund)|1,460|-|(5)|61|-|1,516|interest allocaton| |Organ|721||(226)|22||518|interest allocaton| |Peabody Trust|46,736|||(7,816)||38,920|interest allocaton/transfers for
beneft ofSunday School Work| |Refurbishment - Restricted|20,852|4,420||(4,327)|-|20,945|chapel repairs/interest
allocaton/gifaidrefund| |SpringHarvest|208|||9||217|interest allocaton| |Toddlers|7,781|5,341|(1,378)|(1,384)||10,360|recharge interest allocaton and
internal use of space| |Wesley CentreFutures|1,936|||(1,936)||-|transfertofundwillsimilar need| |Wesley Choir|1,224|-|(137)|212||1,300|general allocaton, photocopying,
interest allocaton| |WesleyPlayers|286|||12||298|interest allocaton| |Windows Repairs|6,563|10,237|(76,120)|31,594|-|(27,726)|interest allocaton, gifaid, grants
tomeet expenditure| |Windows Project Grants Received|34,858|8,811||(27,457)||16,211|interest allocaton, transfer to
meet expenditure| |**Totals**|**141,009**|**85,582**|**(118,135)**|**(8,203)**|**-**|**100,253**|| |**Endowment**|||||||| |Investment Reserve - Endowment|90,663|-|-|-|2,253|92,916|| |**Totals**|**90,663**|**-**|**-**|**-**|**2,253**|**92,916**|| ||**2,294,290**|**338,980**|**(397,509)**|**-**|**2,253**|**2,238,015**|| ## **19 Related Party Transactions** Page **13** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ |**This**|**year 2025**|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||Name of related party||Relatonship|Descripton of
transacton||Income from
related party||Payments to||Loans to/(from)|Amonts owed
by/(to) related|| |||||||||
related party||||| ||||||||
during the
year||
during the
year|
related party
during the year||
party as on
31/8/2024| ||||||transacton|||||||| ||
JMA|Part of world-wide
Methodist Church||Donaton from
church funds|||0||146|
0||0| ||Mission in Britain Fund|Part of world-wide
Methodist Church||Donaton from
church funds|||0||390|0||0| |All|we Can (Methodist Relief and
Development Fund)|Part of world-wide
Methodist Church||Donaton from
church funds|||0||487|0||0| |All|we Can (Methodist Relief and
Development Fund)|Part of world-wide
Methodist Church||Retring
Collectons|||0||207|0||0| |Leaders or Worship and Preachers'
Trust||Part of world-wide
Methodist Church||Donaton from
church funds|||0||146|0||0| |Methodist Church Fund||Part of world-wide
Methodist Church||Donaton from
church funds|||0||146|0||0| |Methodist Homes for the Aged||Part of world-wide
Methodist Church||Donaton from
church funds|||0||146|0||0| |World Mission Fund||Part of world-wide
Methodist Church||Donaton from
church funds|||0||390|0||0| |World Mission Fund - Easter
Ofering||Part of world-wide
Methodist Church||Donaton from
church funds|||0||100|0||0| ||Fund for Property|Part of world-wide
Methodist Church||Donaton from
church funds|||0||300|0||0| ||Camborne Redruth Hayle
Methodist Circuit|Part of world-wide
Methodist Church||Assessment|||0||66792|0||0| ||Camborne Redruth Hayle
Methodist Circuit|Part of world-wide
Methodist Church||Invoices for
servicesprovided|||757||0|0||| |**Last**|**year-2024**|||||||||||| ||Name of related party||Relatonship|Descripton of
transacton||Income from
related party||Payments to||Loans to/(from)|Amonts owed
by/(to) related|| |||||||||
related party||||| ||||||||
during the
year||
during the
year|
related party
during the year||
party as on
31/8/2024| ||||||transacton|||||||| ||
JMA|Part of world-wide
Methodist Church||Donaton from
church funds|||0||146|
0||0| ||Mission in Britain Fund|Part of world-wide
Methodist Church||Donaton from
church funds|||0||390|0||0| |All|we Can (Methodist Relief and
Development Fund)|Part of world-wide
Methodist Church||Donaton from
church funds|||0||487|0||0| |All|we Can (Methodist Relief and
Development Fund)|Part of world-wide
Methodist Church||Retring
Collectons|||0||207|0||0| |Leaders or Worship and Preachers'
Trust||Part of world-wide
Methodist Church||Donaton from
church funds|||0||146|0||0| |Methodist Church Fund||Part of world-wide
Methodist Church||Donaton from
church funds|||0||146|0||0| |Methodist Homes for the Aged||Part of world-wide
Methodist Church||Donaton from
church funds|||0||146|0||0| |World Mission Fund||Part of world-wide
Methodist Church||Donaton from
church funds|||0||390|0||0| |World Mission Fund - Easter
Ofering||Part of world-wide
Methodist Church||Donaton from
church funds|||0||100|0||0| |Fund for Property||Part of world-wide
Methodist Church||Donaton from
church funds|||0||300|0||0| |Camborne Redruth Hayle
Methodist Circuit||Part of world-wide
Methodist Church||Assessment|||0||65484|0||0| |Camborne Redruth Hayle
Methodist Circuit||Part of world-wide
Methodist Church||Invoices for
servicesprovided|||1121||511|0||0| Page **14** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ ## **20 Property Maintenance** |**20 Property Maintenance**|**20 Property Maintenance**|||| |---|---|---|---|---| |~~**Unrestricted**~~|||~~Total~~|~~_2024_~~| ||||~~£~~|~~_£_~~| |~~Site Management & Caretaking~~|||~~22908~~|~~_21430_~~| |~~Waste disposal and Cleaning Materials~~|||~~1981~~|~~_2012_~~| |~~Main Building~~|||~~21231~~|~~_16175_~~| |~~Security~~|||~~1852~~|~~_1877_~~| |~~IT Equipment~~|||~~220~~|~~_849_~~| |~~Other Equipment and Resources~~|||~~100~~|~~_324_~~| |~~Provision for repairs~~|||~~0~~|~~_0_~~| ||~~**Total**~~||~~**48292**~~|~~**_42666_**~~| |||||| |~~**Designated**~~||||| |~~Other Building Reserve (Investment Propertes)~~|||~~51886~~|~~_17193_~~| |~~Provision for repairs~~|||~~(25,001)~~|~~_25001_~~| ||~~**Total**~~||**26,885**|~~**_42194_**~~| |||||| |~~**Restricted**~~||||| |~~Organ repairs~~|||~~226~~|~~_6480_~~| |~~Waste disposal and cleaning materials~~|||~~0~~|~~_40_~~| |Other Equipment and Resources|||194|_66_| |Window (Schoolroom Phase 1) repairs|||28769|_0_| |Provision for Window (Schoolroom Phase 1) repairs|||47014|_0_| ||~~**Total**~~||~~**76203**~~|~~**6586**~~| |||||| |~~**GRAND TOTAL**~~|||~~**151381**~~|~~**_91446_**~~| ## **21 Other Expenditure** |**UNRESTRICTED**|**UNRESTRICTED**|2025|2025||_£_
_£_
_27359_
_388_
_540_
_4070_
_1892_
_2535_
**_36784_**
_21603_
_26730_
_1699_
_3951_
_8000_
_37_
_483_
**_62503_**
**_100_**
**_62603_**
**160265**
_2024_|**RESTRICTED**|**RESTRICTED**|2025|2025||_2024_|_2024_| |---|---|---|---|---|---|---|---|---|---|---|---|---| |**General a/c**||£|£||_£_|**Children's Work**||£|_£_||_£_|_£_| |Payroll costs||27471|||_27359_|Payroll||34415|||_27201_|| |Bank Charges||407|||_388_|TrainingCourses|||||_758_|| |Independent Examinaton of a/cs||606|||_540_|Other expenses||1155|||_734_|| |Agent's Fees(let Propertes)||4810|||_4070_||||**35570**|||**_28693_**| |Licences||1604|||_1892_|**Children's Work SPREE**||||||| |Other||2079|**36978**||_2535_|Other expenses|||**0**|||**_279_**| |**Legacies**||||||**Childrens Work - Toddlers Grants**||||||| |Other expenses|||**85**|||Other expenses|||**2493**|||**_0_**| |**TOTAL Unrestricted (General and Lega**|||
**37063**|||**Contra**||||||| |||||||Disbursements|||**947**|||**_792_**| |**DESIGNATED**||||||**Organ**||||||| |**Meals on Wheels**||||||other expenses|||**0**|||**_48_**| |Raw Materials||21482|||_21603_|**Refurbishment**||||||| |COS Preparaton of MOW||32626|||_26730_|Other expenses|||**0**|||**_49_**| |CateringSundries||1869|||_1699_|**Toddlers**||||||| |Fixed Rate Mileage||4116|||_3951_|Consumables||803|||_782_|| |Employment costs||8566|||_8000_|Bank charges||43|||_37_|| |Bad debts||82||||Other costs||39|||_50_|| |Bank charges||18|||_37_|Toys||493|||_466_|| |Other expenses||13|||_483_||||**1378**|||**_1335_**| ||||**68772**|||**Wesley Choir**||||||| |||||||RSCM subscripton||137|||_133_|| |**Ukranian Refugee Supprt Fund**||||||Other expenses|||||_45_|| |Other expenses|||**0**||||||**137**|||**_178_**| |||||||**Windows Repairs**||||||| |**TOTAL Unrestricted (Designated)**|||**68772**|||FundraisingCosts||313||||| |||||||Bank charges||21|**334**|||**_3645_**| |||||||**Benevolent Fund**|||**5**|||**_0_**| |||||||**MOW**||||||| |||||||Advertsing|||**682**|||**_141_**| |||||||||||||| |**GRAND TOTAL**|||**147380**|||**TOTAL Restricted**|||**41545**|||**_35160_**| Page **15** of **17** _Camborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number 370105_ |**Appendix A Camborne Wesley Methodist Church(Registered Charity 1127807)**|**Appendix A Camborne Wesley Methodist Church(Registered Charity 1127807)**|**Appendix A Camborne Wesley Methodist Church(Registered Charity 1127807)**|**Appendix A Camborne Wesley Methodist Church(Registered Charity 1127807)**| |---|---|---|---| |**Trustees 1/9/2024 to 31/8/2025 and 1/9/2025 to 21/10/2025**|||| |Alker|J|Church Member,elected byGeneral Church Meetng|Wef 1/9/2025| |Atherfold|D|Church Member,elected byGeneral Church Meetng|| |Beavis|C|Church Member,elected byGeneral Church Meetng|Wef 1/9/2021| |Bond|JM|Church member,appointed byChurch Council|| |Borret|R|Church Minister|To 31/8/2025| |Clarke|Revd
SJ|Superintendent Minister of Methodist Circuit|Wef 1/9/2025| |Dunstan|S|Church Council Secretary|| |Geake|AJ|Church Member,elected byGeneral Church Meetng|| |Geake|R|Compliance Ofcer|Wef 1/9/2021| |Harvey|RN|Church Member,elected byGeneral Church Meetng|Wef 1/9/2021| |Head|DL|Church Member,elected byGeneral Church Meetng|Wef 1/9/2025| |Herring|AM|Junior Church Link Person,appointed byChurch Council|| |Herring|WH|Church Steward,elected byGeneral Church Meetng|| |Jackson|C|Superintendent Minister|To 31/8/2025| |James|SP|Church Steward, elected by General Church Meetng,
Pastoral Secretary,|Wef
30/9/2021| |Kitley|D|Chairman of Communites Link Commitee, appointed
byChurch Council,Complaints Ofcer|| |Kneebon
e|K|Church Steward, elected by General Church Meetng|wef 4/4/2021| |Phyall|SJ|Church Member,elected byGeneral Church Meetng|Wef 1/9/2022| |Richards|J|Church Steward,elected byGeneral Church Meetng|| |Richards|Rvd
DM|Church Minister|Wef 1/9/2025| |Rowe|A|Church Member,elected byGeneral Church Meetng|Wef 1/9/2023| |Rowe|R|Church Steward,elected byGeneral Church Meetng|Wef 1/9/2023| |Schofeld|AC|Chair of the Resources Commitee|| |Thomas|H|Church Member,elected byGeneral Church Meetng|Wef 1/9/2021| |Toy|KA|Church Member,elected byGeneral Church Meetng|Wef 1/9/2025| |Voisey|N|Church Member,elected byGeneral Church Meetng|Wef 1/9/2021| |Voisey|R|Church Member,elected byGeneral Church Meetng|Wef 1/9/2021| |Williams|MA|Treasurer,appointed byChurch Council|| |Williams|R|Church Member,elected byGeneral Church Meetng|Wef 1/9/2021| |Wills|J|Church Member,elected byGeneral Church Meetng|Wef 1/9/2025| |Wills|M|Church Member,elected byGeneral Church Meetng|Wef 1/9/2025| ## **Church Safeguarding Co-ordinator** - Tracey Hunt (She can be contacted on 01209-612786 or 07856-354589, or via her email: cambornewesley.safeguarding@gmail.com) **NOTE –** Hannah Green (Children’s Project Worker), Tracey Hunt (Meals on Wheels administrator and Safeguarding Officer), and Sandra Jose (Toddlers’ Leader) attend Church Council Meetings but are not Trustees as they are employees of the church. Page **16** of **17** Comborne Wesley Methodist Church (Registered Charity 1127807) Methodist Church Number370105 Page 17 of 17 Camborne Wesley Methodist Church (Registered Chority 1127807) Methodist Church Number 370105 Camborne Wesley Methodlst thurch No 370105 to 311812025 Declarations and Scrutiny I conffimi that these accruals-basad accounts for the year to 31 August 2025 have been prepared from the records of the Church and that they indude all funds under the control of the Church trustees. Signature of treasurer Date - 2oLS Name and addres8 of treasurer Morwenna Ann Wlliams of Grovewood Hou8e, 1 Rosewame Close, Camtjome TR14 OAA Pre$￿tatIon to th• Church trustO0• l confirm that the annual report arKI accounts for the year erKled 31 August 2025 were presented to the meets'ng of the Church trustees held on 21" October 2025 signatu￿ ofthe Ch8irofthe meeling:.......................................... Name of the Chair of the meeting: Revd D Mafk Richards Independent Examiner's Report to the Trustse8 of the Camborne Wesley Methodist Church Charlty Number 1127807 Re8ponslbllllle8 and bash of report I report to the tnjstees on my examination of the accounts of the CamtKJme Wesley Methodist Church forthe yearended 31 August 2025 set out on pages 1 to29. Asthe Church'strustees, you are responsible for the Pfeparatton of the awunts in ￿)rdanC* with the requirements of the Chants'es Act 2011 {Ihe Act'>. I report in respect of my examination of the Church's accounts carried out under section 145 of the Act and, in carying out my examination, I have fdlowed all the applic4ble Directions given by the Chanty Commission under seth'on 145(5){b) of the Ad. Page 30 of 46 Comborne Wesley Methodlst Church (Reoistered Choiity 1127807) Methodlst Churth Number370105 Indop•nd•nt Ex•mln•es Stat•m Thè Church's gross income ex(xled examinat'on by tth'ng a qualified memb•r of I have Corn￿et￿ my examination. I confirm that no material mattern have o)me to my attention in connecAion with the &xaffination which give mo cause to believe that in, any material resp￿￿. 5060 l am qualffied to ndertake th the ac£ounting reKords were not k•0 in xcordance wfth aedcffi 130 of the A¢#; or the accounts not gxord with the aCC￿ntIng feo)rd8; or the acx>)unt8 do not c(¥nply ￿ryth the applicable wuirnments conceming the form and content ol a¢murrts Jet txrt in the ChafTties (Ac¥x)unts and Reports) Regulat'on8 2008 other than any roquir•rnnt th8t the give a Irue and f81¢ view. which is not a matter considerul as part of an independerrt examinats'¢ the tru8twi' annual r•port i• not con•i•t*rt the account• I have no eonc•m8 and hab? c¥m• aLYoJ8 no cther matter8 In conn•#ion ￿ th8 examlnatlon to which attention should be dwn in trms refvy)rt in order to enable a proper understsnding of the accounts lo be reathed. I have nc* obtainthl Ind•p￿th￿ wrific4tv)n of all In￿Stm•rts ￿ th• Tru8t••i for M•thodi8t Churth Purpo￿ or held in oth•r tru•ts. bank bfil*r￿ furKl8 81 the Central Finan(* Board of the Methodist Church whth inthdualty in exc￿ crf £10,CKIO (len thousand pounds) at the balance sh••t date. Signaturn al irKl•porKlwrt •XWb*w .... Namo of ind•pend•nt •xanin•r Anthw J Fry Relevant prcrf6881onal quallfication of iWont •xamin•f Name of fimi (whore appropriate) Pryor Fry & Co Addr088 97 M•rw Str••l, Hel3￿ TR13 8RE Page 31 of 46