# **Annual Report of Light and Life Free Methodist Church East Cornwall**
**Registered Charity Number 1128866**
**For the year ended 31 December 2024**
## **Contents**
||_Page_|
|---|---|
|Reference and administrative details|1|
|Trustees’ report|2 - 6|
|Independent Examiner's Report to the Trustees|7|
|Statement of financial activities|8|
|Balance sheet|9|
|Notes to the financial statements|10 - 18|
Reference and administrative details _For the year ended 31 December 2024_
|Name of charity:|Light and Life Free Methodist Church East Cornwall|Light and Life Free Methodist Church East Cornwall|
|---|---|---|
|Charity registration number:|1128866||
|Trustees:|P Godfrey|Chair|
||N Day|(Resigned 21 April 2024)|
||D Horwell||
||F Lewry|(Appointed 27 April 2025)|
||M Wisheart|(Resigned 27 April 2025)|
||T Rowe|(Appointed 21 April 2024)|
|Other key management personnel:|P Godfrey|Lead Pastor (St Austell)|
||J Langford|Lead Pastor (Bodmin)|
||T Haig|Assistant Pastor (St Austell)|
||A Payne|Foodbank Manager (St Austell)|
|Registered office and principal|||
|address:|Light and Life Centre||
||Units 4-5, Brunel Business Park||
||The Sidings||
||St Austell||
||Cornwall||
||PL25 4TJ||
|Independent examiner|S Day||
||Park House||
||New Mills||
||Ladock||
||Truro||
||Cornwall||
||TR2 4NN||
|Bankers:|Charities Aid Foundation||
||25 Kings Hill Avenue||
||Kings Hill||
||West Malling||
||Kent||
||ME19 4TA||
Light and Life Free Methodist Church East Cornwall
1
## **Trustees’ report for the year ended 31 December 2024**
The trustees present their annual report and financial statements for the year ended 31 December 2024. The trustees who served during the year and up to the date of this report are set out on page 1.
In submitting their report and the financial statements for the year ended 31 December 2024, the trustees have adopted the provisions of The Charities Act 2011 in preparing the Annual Report and financial statements of the charity.
## **Structure, governance and management**
Light and Life Free Methodist Church East Cornwall is part of the Free Methodist Church UK conference. More locally we are part of a family of Light and Life Free Methodist (FM) churches across Cornwall. Light and Life FM Church East Cornwall is led by Pastor Pete Godfrey and a trustee from each church within the charity. The trustees are elected annually at the Annual Society Meetings by the charity’s members. The Light and Life churches in the charity are part of the Free Methodist Churches in the UK Conference and the organisation structure is in keeping with The Free Methodist Book of Discipline. All members of the congregation who feel Light and Life is their spiritual home are encouraged to attend a membership course with a view to becoming members.
## **Objectives and activities**
The charity is committed to promoting and spreading the gospel of Jesus Christ and enabling ordinary people to live out their faith. Contemporary worship services with relevant biblical messages are complemented with bible based, engaging and educational courses and practical community pastoral care and help. Our mission statement is: ‘To see God’s love transform lives as we follow him’.
Where appropriate the charity also aims to relieve sickness and financial hardship and to promote and preserve good health through funds, goods or services of any kind including through the provision of pastoral advice and support and the advancement of education.
Our missionary focus is the east region of Cornwall but extends to the rest of Cornwall where we are part of a larger family of Light and Life churches. The focus continues in our connection and involvement with the ministry of the Free Methodist Church nationally and internationally.
## **Public benefit statement**
The charity complies with the public benefit requirement through its charitable objectives.
The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.
2
## **Achievements and performance**
Light & Life Free Methodist Church East Cornwall has continued to grow and develop the work of the charity during 2024. The churches in St Austell and Bodmin are both growing and serving their communities.
Sunday attendance across East Cornwall has grown this year as is shown by the figures below with an average weekly attendance of 169.
|**a. St Austell**|2017|2018|2019|2020|2021|2022|2023|**2024**|
|---|---|---|---|---|---|---|---|---|
|Average Sunday morning attendance|123|127|135|101|89|97|128|**133**|
|Number of conversions|10|26|20|5|9|7|12|**11**|
|Number of people baptised|9|6|12|0|3|4|10|**5**|
|Total number of members|76|67|66|68|57|67|72|**77**|
|Total received into membership|5|9|3|9|0|12|11|**9**|
|**b. Bodmin**|2017|2018|2019|2020|2021|2022|2023|**2024**|
|Average Sunday afternoon|35|30|32|38|37|34|34|**36**|
|attendance|||||||||
|Number of conversions|0|3|3|3|1|1|1|**1**|
|Number of people baptised|0|0|0|0|4|6|1|**0**|
|Total number of members|7|14|15|15|16|20|22|**21**|
|Total received into membership|7|7|0|0|4|4|4|**1**|
|**c. East Cornwall**|2017|2018|2019|2020|2021|2022|**2023**|**2024**|
|Average Sunday morning attendance|205|209|220|139|126|131|**162**|**169**|
|Number of conversions|10|35|26|8|10|8|**13**|**12**|
|Number of people baptised|9|9|12|0|7|10|**11**|**5**|
|Total number of members|108|103|101|83|73|87|**94**|**98**|
|Total received into membership|19|16|5|9|4|16|**15**|**10**|
## **St Austell**
The faith community is continuing to grow in experience of God and in relationship with one another. There is a welcoming atmosphere that guests appreciate, and we see people regularly visiting when they are in the area.
As in previous years, we organised several large community events with Family Fun Days at Easter and in August with over 200 people attending each event from the locality. In addition to these we hosted a Christmas Pantivity and Carols and Buffet evening. We also did several events in the town centre giving away craft bags and engaging with the community.
We continue to invest in children and young people within the church and the community with groups both on a Sunday and mid-week. To enhance this, we have added to the staff team with the appointment of a part time youth worker. This enabled us to take a group of young people to SPREE and TAG, two regional events. We’ve also begun regular all age services.
We also appointed a part time operations manager.
We ran a successful course for people in the community to explore faith which played a large part in the number of conversions during the year.
There continue to be regular church events such as the prayer meetings, youth group and the community group called Chill ‘n’ Chat.
3
The number of ‘Growth Groups’ for small numbers meeting in homes has increased from 4 to 7. We launched a new ministry called ‘Celebrate Recovery’ focused on supporting people find freedom from hurts, hang-ups and habits.
The variety of groups, combined with the work through the Foodbank, has enabled us to develop our heart and vision to provide a place of practical and spiritual help and healing.
As well as church activities, we rent rooms to outside groups for meetings and training sessions.
## _**Community Mission**_
The foodbank continues to develop in both ministry and capacity. Alongside supporting people with food, we continue to focus on developing wider support to address underlying causes of poverty. This includes the CMA Debt Centre as well as partnership with external agencies. We also continue to provide regular Life Skills courses and have a dedicated part-time Citizen’s Advice worker on site.
We have also developed a partnership with St Austell Healthcare enabling us to host regular Support Hubs and Mental Health Hubs, providing a space where people can find all the help they need in one place during one of our ‘Chill n Chat’ sessions.
We continue to operate satellites in both Roche and St Stephen.
Across all sites we have over 60 people supporting the work of the foodbank in some way. We continue to work pro-actively with other agencies throughout the town, supplying surplus stock to other local charities. We have strong relationships with local supermarkets where we hold collection days that are staffed by a variety of people from other agencies and churches and are repeatedly astounded by the generosity of our community. Local churches, businesses, organisations, and people continue to provide food donations.
2024 figures for those provided a 3-day food parcel are lower than the previous year though we are starting to see these increase again:
Vouchers Issued – 1,723 Adults fed – 2,510 Children fed – 1,314 Total people fed – 3,824
## _**World Mission**_
During 2024 we continued to support David Abbott as an itinerant children’s evangelist. His reports following each trip contain inspiring accounts of how children’s lives are being transformed through prayer and ministry.
We also held a fundraising event to support the work of Tearfund and have given a number of one-off gifts to a variety of people and organisations involved in Christian mission around the world.
We have begun to develop specific partnerships in Bulgaria and Malawi.
## **Bodmin**
We continued to be able to use our redundant shop on Fore Street and now allow another local charity to use 81B as a storage facility. We continue to make the most of 81A, using it up to 6 times a week, with BYP (Bodmin Youth Project) also using it on Friday nights. It has been essential for both SkillSHARE and the expansion of our offering to the local community.
We have focused on enabling more people to lead our services, preach, and lead our small groups, and it has been a privilege to see people stepping up and doing so. Sunday Services are a dynamic place to be and continue to reach a wide variety of people. We also held our annual retreat day to great effect and have had a
4
clear sense of “call” and purpose throughout this year.
We again saw significant growth in our children’s and youth work, with new families joining us. This led to the redevelopment of the basement and the branding of the group as “Ignite”. Our worship team has also grown, with new members stepping up as others left us.
SkillSHARE continues to have a profound impact on many people’s lives. We received more referrals from the GP Surgery, and the addition of KBSK and Bodmin Way Wellbeing Services in the town has meant many additional SkillSHARErs joining us, often accompanied by their support workers. Attendees report increased confidence, and two have gone into full-time work. We have increased the number of upcycled items we sell, and this has brought a small but strong income stream into the project which is then reinvested in materials and tools. We continue to work with IntoBodmin and The BEAT to support their work, and this year saw us connect with HUGS, the equine and welfare charity, as we produced Christmas decorations for them to sell to raise funds. Further projects will follow.
Funding for SkillSHARE was again obtained from Cornwall Community Foundation, but this was at a reduced amount, so funding remains a challenge.
## _**Community Mission**_
We had the delight of forming the core of the volunteer Welcome Team at Creation Fest, and again took most of the church to this event, again offering a SkillSHARE facility for those with SEND children.
Volunteers from the church continue to assist at the foodbank on a weekly basis, and at CAP. As local advocates for Acts435 we have now brought over £30,000 into Bodmin to support local individuals in need, and increasingly see Social Services, the Refuge, and other agencies referring clients to us. Our termly “Community Meals” continue to provide free food for people associated with the foodbank, CAP, SkillSHARE and Acts435 as well as our normal clientele.
We again operated Community Action Days, putting our faith into action as we undertook gardening, decorating, and tip runs for local people. The “discretionary fund” which operates small loans and gifts to local people, continues to be utilised.
Our most exciting development this year was the pilot of the Wellbeing Through Faith Course created by Renewal Church in Solihull. Having been told to expect about 8 people to attend, 29 people took part in the course which sought to address issues of mental health. Again, referrals came from far and wide, and it has profoundly shaped our engagement around these issues.
Our sister charity, Bodmin Youth Project, saw their SWYM (South West Youth Ministries) trainee youth worker continue with them for another year, making further impact on our work with young people across the town. However, she finished with the project in August, moving, to our delight, to St Austell Light and Life! A good number of church members continue to serve BYP as trustees and volunteers, and we again provided safeguarding training to 5 organisations in Bodmin.
Across the town, we experienced much “favour” this year, with a seat at many tables discussing the future of the town, and possible new community facilities. This felt a real honour.
Financially, we have made significant progress over this year, with a focused appeal in April resulting in greatly increased monthly giving, providing us with a much more secure footing, for which we are most grateful.
## _**World Mission**_
We continue to support, both financially and prayerfully, our mission partner serving in a closed country in
5
Africa, as well as the work of CAP, Creation Fest, BYP, Open Doors and Bible Society.
## **Light and Life Together**
Light and Life East Cornwall held several joint training events through the year such as church planting, mentoring and fire safety.
## **Financial review**
Total St Austell general fund receipts for 2024 were £202,006 (2023: £133,763) and total Bodmin general fund receipts were £50,117 (2023: £30,839). Additionally, receipts of £135,731 (2023: £140,868) for restricted funds have been received for the Foodbank project.
## _**Reserves policy**_
It is the policy of Light and Life FMC East Cornwall to maintain a balance of unrestricted funds when available to meet unforeseen situations.
Reserves may be held in a separate deposit account to enable the charity to benefit from accrued interest.
Total reserves held amount to £513,046 (2023: £444,104) of which £247,631 (2023: £252,451) are restricted funds. Total unrestricted funds are £265,415 (2023: £191,653) of which £131,005 (2023: £135,971) are the value of unrestricted fixed assets. Free reserves are £105,191 (2023: £30,599) which equates to 7.1 months (2023: 2.5 months) of unrestricted fund expenditure, a level that the trustees feel is prudent.
## **Volunteers**
Our thanks go to all those who have served in St Austell, Bodmin and the Foodbank this year and who are committed to the work ahead. We would particularly like to thank all our Ministry Team Leaders and Stephen Day for his work examining the charities accounts for the year. Above all we want to give God the glory and celebrate what He has done.
## **Declaration**
The trustees declare that they have approved the trustees’ report above
## Signed on behalf of the charity’s trustees
Light and Life Centre Units 4-5, Brunel Business Park The Sidings St Austell Cornwall PL25 4TJ
**P Godfrey** _Chair_
Dated: 20/10/2025
6
## **Independent Examiner’s Report to the Trustees of Light and Life Free Methodist Church East Cornwall**
I report to the trustees on my examination of the accounts of the above charity for the year ended 31 December 2024.
## **Responsibilities and basis of report**
As the charity's trustees, 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 charity’s 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 confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect,:
- the accounting records were not kept in accordance with section 130 of the Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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.
**Stephen Day** _Chartered Public Finance Accountant_
||Park House|
|---|---|
||New Mills|
||Ladock|
||Truro|
||Cornwall|
||TR2 4NN|
|Dated: 13/10/2025|Dated: 13/10/2025|
7
## Statement of financial activities
_For the year ended 31 December 2024_
|||Unrestricted|Restricted|**Total**|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds|**2024**|funds|funds|2023|
||_Notes_|£|£|**£**|£|£|£|
|**Income from:**||||||||
|Donations and legacies|_3_|224,010|137,372|**361,382**|144,698|138,578|283,276|
|Charitable activities|_4_|18,036|53,416|**71,452**|15,834|25,048|40,882|
|Other trading activities|_5_|2,550|-|**2,550**|2,078|-|2,078|
|Investments|_6_|7,527|4|**7,531**|2,555|1,774|4,329|
|||_______|_______|**_______**|_______|_______|_______|
|**Total income**||252,123|190,792|**442,915**|165,165|165,400|330,565|
|||_______|_______|**_______**|_______|_______|_______|
|**Expenditure on:**||||||||
|Charitable activities|_7_|178,361|195,612|**373,973**|149,290|188,584|337,874|
|||_______|_______|**_______**|_______|_______|_______|
|**Total expenditure**||178,361|195,612|**373,973**|149,290|188,494|337,874|
|||_______|_______|**_______**|_______|_______|_______|
|**Net income/(expenditure)**||73,762|(4,820)|**68,942**|15,875|(23,184)|(7,309)|
|Transfers between funds||-|-|**-**|-|-|-|
|||_______|_______|**_______**|_______|_______|_______|
|**Net movement in funds**|_14,15_|73,762|(4,820)|**68,942**|15,875|(23,184)|(7,309)|
|**Reconciliation of funds:**||||||||
|Total funds brought forward||191,653|252,451|**444,104**|175,778|275,635|451,413|
|||_______|_______|**_______**|_______|_______|_______|
|**Total funds carried forward**||265,415|247,631|**513,046**|191,653|252,451|444,104|
|||_______|_______|**_______**|_______|_______|_______|
8
## Balance sheet
_As at 31 December 2024_
||||**2024**||2023|
|---|---|---|---|---|---|
||_Notes_|**£**|**£**|£|£|
|**Fixed assets:**||||||
|Tangible assets|_10_||**245,113**||251,918|
|**Current assets:**||||||
|Debtors|_11_|**27,939**||9,908||
|Cash at bank and in hand||**248,582**||207,666||
|||**_______**||_______||
|||**276,521**||217,574||
|**Liabilities:**||||||
|Creditors: amounts falling due within one year|_12_|**(8,588)**||(10,888)||
|||**_______**||_______||
|**Net current assets**|||**267,933**||206,686|
||||**________**||________|
|**Total assets less current liabilities**|||**513,046**||458,604|
|**Creditors: amounts falling due after more than**||||||
|**one year**|_12_||**-**||(14,500)|
||||**________**||________|
|**Net assets**|_13_||**513,046**||444,104|
||||**_________**||_________|
|**Funds of the charity**||||||
|Unrestricted funds:||||||
|General funds||**236,196**||166,570||
|Designated funds||**29,219**||25,083||
|||**_________**||_________||
|Total unrestricted funds|_14_||**265,415**||191,653|
|Restricted funds|_15_||**247,631**||252,451|
||||**_________**||_________|
|**Total charity funds**|||**513,046**||444,104|
||||**_________**||_________|
The financial statements were approved by the Trustees on 20/10/2025 and were signed on their behalf by:
**P Godfrey** _Chair_
9
## Notes
_(forming part of the financial statements)_
## 1 **General information and basis of preparation**
## 1.1 _**Basis of accounting**_
Light & Life Free Methodist Church East Cornwall is an unincorporated charity registered in the England and Wales.
The address of the registered office and the nature of the charity's operations and principal activities are given in the Trustees' Report.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounting and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), including "Amendments to Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland".
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £1.
The significant accounting policies applied in the preparation of these financial statements are set out in note 2, which have been consistently applied to all years presented unless otherwise stated.
## 1.2 _**Changes to accounting estimates**_
No changes to accounting estimates have occurred in the reporting period.
## 1.3 _**Material prior year errors**_
No material prior year error have been identified in the reporting period.
10
## Notes
_(forming part of the financial statements)_
## 2 **Accounting policies**
## 2.1 _**Income**_
These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- it is more likely than not that the trustees will receive the resources; and
- the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP).
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution.
The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Income from interest is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
## 2.2 _**Expenditure and liabilities**_
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
No material item of deferred income has been included in the accounts.
The charity has creditors which are measured at settlement amounts less any trade discounts.
## 2.3 _**Assets**_
Tangible fixed assets are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less any residual value of each asset over its expected useful life, as follows:
Freehold property - 2% per annum on cost Fixtures, fittings and equipment - 12.5 - 25% per annum on cost
Debtors (including trade debtors) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
11
## Notes
_(forming part of the financial statements)_
## 2 **Accounting policies (continued)**
## 2.4 _**Leasing**_
Rental charges under operating leases are charged to the SoFA on a straight line basis over the term of the lease.
## 2.5 _**Pension costs**_
The pension costs charged in the financial statements represents the contributions payable to the scheme in respect of the accounting period.
## 2.6 _**Funds**_
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets the criteria is allocated to the fund.
Unrestricted funds relate to incoming resources received or generated for the charity’s purposes.
Designated funds are unrestricted funds earmarked by the charity’s trustees for particular purposes.
## 2.7 _**Statement of cash flows**_
The charity has opted to prepare the accounts under Charities SORP (FRS102) and has adopted Update Bulletin 1 and is exempted from preparing a cash flow statement on the grounds that it is a small charity.
## **3 Income from donations and legacies**
|**Income from donations and legacies**|||||
|---|---|---|---|---|
||Unrestricted|Restricted|**Total**|Total|
||funds|funds|**2024**|2023|
||£|£|**£**|£|
|Donations & gifts|174,856|44,286|**219,142**|177,710|
|Gift Aid|43,101|3,017|**46,118**|26,090|
|Gifts in kind|-|90,069|**90,069**|79,476|
|Grants|6,053|-|**6,053**
|-|
||224,010|137,372|**361,382**|283,276|
|**Income from charitable activities**|||
||
||Unrestricted|Restricted|**Total**|Total|
||funds|funds|**2024**|2023|
||£|£|**£**|£|
|NLT contribution to salaries|8,621|-|**8,621**|8,077|
|Hire of facilities|9,415|-|**9,415**|1,757|
|Grants|-|53,416|**53,416**
|31,048|
||18,036|53,416|**71,452**|40,882|
## **4 Income from charitable activities**
12
## Notes
_(forming part of the financial statements)_
|**5**|**Income from other trading activities**|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|**Total**|Total|
|||funds|funds|**2024**|2023|
|||£|£|**£**|£|
||Feed-in Tariff|2,273|-|**2,273**|2,078|
||Sale of goods|277|-|**277**|-|
|||2,550|-|**2,550**|2,078|
|**6**|**Income from investments**|||
||
|||Unrestricted|Restricted|**Total**|Total|
|||funds|funds|**2024**|2023|
|||£|£|**£**|£|
||Bank interest|7,527|4|**7,531**|4,329|
|**7**|**Expenditure on charitable activities**|||||
|||Unrestricted|Restricted|**Total**|Total|
|||funds|funds|**2024**|2023|
|||£|£|**£**|£|
||Staff costs|111,840|56,463|**168,303**|142,753|
||Ministries|12,418|-|**12,418**|7,008|
||Donations & mission giving|15,006|4,081|**19,087**|28,893|
||Premises costs|12,871|7,645|**20,516**|17,371|
||Food distributed|-|90,069|**90,069**|79,476|
||Depreciation|4,966|3,171|**8,137**|9,444|
||Administration expenses|21,260|34,183|**55,443**
|52,929|
|||178,361|195,612|**373,973**|337,874|
13
## Notes
_(forming part of the financial statements)_
|**8**|**Trustee Remuneration**||||
|---|---|---|---|---|
|**_8.1_**|**_Remuneration_**||||
||**Name of trustee or related party**|**Legal Authority**|**Amounts paid**||
||||**2024**|2023|
||||**£**|£|
||P Godfrey (as Lead Pastor St Austell)|Governing document|**38,415**|27,365|
|**_8.2_**|**_Expenses_**||||
||||**2024**|2023|
||Number of trustees who were paid expenses||**1**|1|
||Nature of the expenses||**Travel**|Travel|
||Total Amount paid||
**£383**|£646|
|**9**|**Staff costs and numbers**||
||
|**_9.1_**|**_Staff Costs_**||**Total**|Total|
||||**2024**|2023|
||||**£**|£|
||Salaries||**150,166**|127,736|
||Employer’s NI||**8,499**|6,807|
||Employer’s Pension||**9,638**|8,210|
||||**168,303**|142,753|
||There were no employees whose annual remuneration was £60,000 or more.||
||
|**_9.2_**|**_Staff Numbers_**||
||
||**_Average number of staff employed_**||**2024**|2023|
||Full time||
**5.00**|3.75|
||Part time||**0.92**|1.00|
||||**5.92**|4.75|
||**_Average number of full-time equivalent employees in the year_**|**_Average number of full-time equivalent employees in the year_**|
**2024**|2023|
||Charitable activities||
**4.70**|4.11|
|**_9.3_**|**_Key Management Personnel_**||
||
The key management personnel of the charity comprise the trustees and the other key management personnel as listed on page 1. The total amount of employee benefits (including employer pension contributions) received by key management personnel for their services to the charity was £141,765 (2023: £134,719).
## _**9.4 Defined Contribution Pension Scheme**_
The charity contributes to a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. Contributions payable for the year are disclosed in note 9.1 above. At the year end and the previous year end there were no outstanding contributions.
14
## Notes
_(forming part of the financial statements)_
|**10**|**Tangible Fixed Assets**|||||
|---|---|---|---|---|---|
|||||**Fixtures,**||
||||**Freehold**|**Fittings &**||
||||**Property**|**Equipment**|**Total**|
||||**£**|**£**|**£**|
||**Cost**|||||
||At 1 January 2024||301,920|75,837|**377,757**|
||Additions||-|1,332|**1,332**|
||Disposals||-|(14,676)|**(14,676)**|
||**At 31 December 2024**||301,920|62,493|**364,413**|
||**Depreciation**|||
||
||At 1 January 2024||54,773|71,066|**125,839**|
||Charge for year||6,038|2,099|**8,137**|
||On disposals||-|(14,676)|**(14,676)**|
||**At 31 December 2024**||60,811|58,489|**119,300**|
||**Net book values**|||
||
||**At 31 December 2024**||241,109|4,004|**245,113**|
||At 31 December 2023||247,147|
4,771|**251,918**|
|**11**|**Debtors**|||
**2024**|2023|
|||||**£**|£|
||Trade debtors|||
**1,768**|232|
||Tax recoverable on gift aid|||**15,127**|6,934|
||Prepayments|||**8,313**|2,742|
||Other debtors|||**2,731**|-|
|||||**27,939**|9,908|
||||**Amounts falling due**|
**Amounts falling due**||
|**12**|**Creditors**||**within one year**|**after more than one year**|**after more than one year**|
|||**2024**|**2024**
2023|**2024**|2023|
|||**£**|**£**
£|**£**|£|
||Trade creditors|
**3,801**|
**3,801**
321|
**-**|-|
||Other loans|**-**|**-**
6,000|**-**|14,500|
||Taxation and social security|**3,217**|**3,217**
3,200|**-**|-|
||Accruals|**1,461**|**1,461**
1,367|**-**|-|
||Deferred income|**109**|**109**
-|**-**|-|
|||**8,588**|**588**
10,888|**-**|14,500|
In 2023 there was an internal loan for St Austell between a restricted fund and unrestricted fund. This has now been cleared.
15
## Notes
_(forming part of the financial statements)_
## **13 Analysis of net assets between funds**
|**Analysis of net assets between funds**||||
|---|---|---|---|
||Unrestricted|Restricted||
||Funds|Funds|**Total**|
||£|£|**£**|
|**Fund balances at 31 December 2024 as represented by:**||||
|Tangible fixed assets|131,005|114,108|**245,113**|
|Current assets|140,471|136,050|**276,521**|
|Current liabilities|(6,061)|(2,527)|**(8,588)**|
|Non-current liabilities|-|-|**-**|
||265,415|247,631|**513,046**|
## **14 Unrestricted funds**
|**Unrestricted funds**||||||
|---|---|---|---|---|---|
||At 1 January||||**At 31 December**|
||2024|Income|Expenditure|Transfers|**2024**|
||£|£|£|£|**£**|
|St Austell general fund|159,998|202,006|(128,619)|(18,180)|**215,205**|
|Bodmin general fund|6,572|50,117|(34,736)|(962)|**20,991**|
|Designated funds:||||||
|St Austell mission fund|3,217|-|(10,836)|16,818|**9,199**|
|Bodmin mission fund|936|-|(4,170)|3,782|**548**|
|Little Fish fund|373|-|-|(373)|**-**|
|Future vision fund|15,025|-|-|-|**15,025**|
|St Austell benevolent fund|142|-|-|(142)|**-**|
|St Austell sabbatical fund|123|-|-|(123)|**-**|
|Bodmin benevolent fund|815|-|-|(815)|**-**|
|Bodmin sabbatical fund|5|-|-|(5)|**-**|
|Church Plant fund|4,447|-|-|-|**4,447**|
||191,653|252,123|(178,361)|-|**265,415**|
*denotes new fund
16
## Notes
_(forming part of the financial statements)_
## **15 Restricted funds**
|**Restricted funds**||||||
|---|---|---|---|---|---|
||At 1 January||||**At 31 December**|
||2024|Income|Expenditure|Transfers|**2024**|
||£|£|£|£|**£**|
|Foodbank fund|110,158|135,751|(131,960)|-|**113,949**|
|Roche Foodbank satellite fund|1,225|2,092|(1,180)|-|**2,137**|
|Community Crisis fund|360|-|-|-|**360**|
|St Austell building fund|116,998|-|(3,889)|-|**113,109**|
|St Austell youth group fund|238|1,925|(2,163)|-|**-**|
|United Youth fund|3,000|-|-|-|**3,000**|
|Bodmin Acts435 fund|305|3,170|(3,464)|-|**11**|
|Liskeard Albania mission fund|355|-|(355)|-|**-**|
|St Stephen Foodbank satellite||||||
|fund|315|-|-|-|**315**|
|Bodmin SkillSHARE|11,289|7,500|(14,210)|-|**4,579**|
|St Austell Foodbank Financial||||||
|Inclusion|3,208|40,354|(38,129)|-|**5,433**|
|St Austell Discretionary fund|5,000|-|(262)|-|**4,738**|
||252,451|190,792|(195,612)|-|**247,631**|
*denotes new fund
## **Purposes of restricted funds**
_Foodbank fund –_ This fund consists of income received specifically to cover the running costs of the Foodbank in St Austell.
_St Austell building fund –_ This fund consists of donations specifically for the purchase of the church building in St Austell.
– _Bodmin Acts 435 fund_ This fund consists of donations specifically for the Acts 435 project in Bodmin, giving money directly to those in need.
_Roche satellite fund –_ This fund consists of donations specifically for the running costs of a satellite Foodbank in Roche.
_Community Crisis Fund_ – This fund consists of grants from Cornwall Community Foundation to benefit people in crisis who are urgently in need of small, one off amounts of money.
– _United Youth fund_ This fund consists of grant donations towards united youth events in St Austell.
– _St Austell youth group fund_ This fund consists of donations specifically for the youth group in St Austell.
_Liskeard Albania mission fund_ - This fund consists of donations specifically to provide assistance to underprivileged people in Albania.
_St Stephen satellite fund –_ This fund consists of donations specifically for the running costs of a satellite Foodbank in _St Stephen_ .
_Bodmin SkillSHARE fund – This fund consists of income received specifically to provide running costs for the SkillSHARE project in Bodmin._
_Bristol Personal Support fund – This fund consists of donations specifically for the Lead Pastor in Bristol._
_Foodbank Financial Inclusion fund – This fund consists of income received specifically to provide advocacy for attendees of the Foodbank._
_St Austell Discretionary fund – This fund consists of grant donations towards alleviating hardship of church members._
17
## Notes
_(forming part of the financial statements)_
## **16 Operating leases**
Total future minimum lease payments under non-cancellable operating leases are as follows:
||**2024**|2023|
|---|---|---|
||**£**|£|
|Not later than one year|**720**|185|
|Later than one year and not later than five years|**2,461**|-|
||**3,181**|185|
Lease payments recognised as an expense in the year totalled £605 (2023: £738)
## **17 Transactions with related parties**
Total donations of £38,628 (2023: £14,635) were received from 5 (2023: 4) trustees.
## **18 Gifts in kind which have not yet been distributed**
|**Gifts in kind which have not yet been distributed**|||
|---|---|---|
|**Gifts in kind which have not yet been distributed**|**2024**|2023|
||**£**|£|
|Donated food|**23,470**|7,875|
18