2023-08-31-accounts

	Trustee name	Office (ifany)		Dates acted ifnot for whole year	Name ofperson (or body) entitled to appoint trustee (if an	Name ofperson (or body) entitled to appoint trustee (if an
	Revd Mark Dunn-Wilson	Minister (Chairman	of		Ex officio
		Church Council)
	Revd Aubin de Gruchy	Truro School Chaplain			Ex officio
	Mrs Janet Tredrea	Lay Worker			Ex officio
	Mr David Crocker	Lay worker			Ex officio
	Mrs Sue Strawford	Lay Worker			Ex officio
	Mrs Victoria Hick	Lay Worker			Ex officio
	Mrs Karen Potts	Lay Worker			Ex officio
	Mr lan Street	Circuit Representative			Truro Circuit
	Mr Clive Brown	Elected representative			Annual Church	Meeting
10	Mrs Janet Crocker	Secretary of Church	Council		Church Council
	Mrs Janet Crocker	Church Steward			Annual Church	Meeting
	Mr John Wallace	Church Steward			Annual Church	Meeting
12	Mrs Linda Baines	Elected Representative			Annual Church	Meeting
13	Miss Sarah Carbis	Church Steward			Annual Church	Meeting
14	Mr Tim Wellings	Church Steward			Annual Church	Meeting
15	Mrs Peggy Morris	Elected Representative			Annual Church	Meeting
16	Mr Kenneth Tinkler	Church Steward			Annual Church	Meeting
17	Mrs Kathleen Tinkler	Church Steward			Annual Church	Meeting
18	Mrs Hannah Bose	Church Steward		Resigned 01/03/23	Annual Church	Meeting
19	Mr David Rabey	Treasurer			Church Council
20	Mrs Rita Soper	Treasurer			Church Council
21	Mr Steve Harris	Property Secretary			Church Council
22	Dr Margaret Hocking	Elected Representative			Annual Church	Meeting

23	Mrs Helen Nicholson	Tresillian	Representative		Annual	Church	Meeting
24	Mr Jon Summers	Elected	Representative	Dec'd 11/22	Annual	Church	Meeting .
25	Mr Andrew Gendall	Elected	Representative		Annual	Church	Meeting
26	Mr David Smith	Elected	Representative		Annual	Church	Meeting
27	Mrs Jayne Thomas	Elected	Representative		Annual	Church	Meeting
28	Mrs Abi Hersey	Elected	Representative		Annual	Church	Meeting
29	Mr John Flatt	Elected	Representative		Annual	Church	Meeting
30	Mr Julian Bose	Elected	Representative		Annual	Church	Meeting
31	Mrs Beth Vincent	Elected	Representative		Annual	Church	Meeting
	Mr Ross Vincent	Elected	Representative		Annual	Church	Meeting
	Mrs Maggie Issaka	Elected	Representative		Annual	Church	Meeting
34	Mrs Hilary Nicholson	Elected	Representative		Annual	Church	Meeting
35	Mr Stephen Nichplson	Elected	RePresentative		Annual	Church	Meeting
	Mrs Maureen Edwards	Elected	Representative	Resigned	Annual	Church	Meeting
				01/03/23
37	Mrs Emma Carlyon	Elected	Representative	Resigned 01/03/23	Annual	Church	Meeting
38	Mr Philip Davey	Musical	Director		Church	Council
39	Mr Tim Bersey	Audio Visual Ministry			Church	Council
40	Mr Geoff Rumbles	Project	Lead	Resigned 01/03/23	Church	Council
41
	Name
	The Trustees for Methodist	Church	Purposes	Dates acted if not for whole year
	custodian trustee

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~ ~	~ ~	~ ~	~ ~	A r ~ ~ ~
Summary ofthe main achievements ofthe charity during the year				This year saw a gradual return to in person, on-site worship more akin to the pattern prior to the Covid disruption. However we have continued to model a hybrid form ofchurch particularly in relation to worship provision and this has enabled a great number of
				people to engage.
				Both Sunday morning services are streamed with several hundred
				people viewing each week from their homes in Truro and beyond
				through Cornwall and other parts ofthe UK and even the world.
				We have continued to operate Sambells, our community cafe. As
				is common in many fields, we have felt the reality ofdeclining
				volunteer base which has put pressure on the continuing
				provision ofthis important community service.
				Our premises are used extensively by community groups and
				other organisations including various choirs, counselling groups,
				medical screening, conferences and seminars.
				An ongoing programme of maintenance to the Church's listed
				property to maintain its "wind and water-tight" condition, and to
				enhance the internal facilities and decor
				Providing a distribution point for Truro Foodbank
				Providing operational support to Truro Street Pastors
				Expansion ofventures for young people led by the Truro Circuit
				Youth Enabler
				Our village chapel continues to provide resources for the local
				community including a very effective toddler group and a
				community food larder
				We have continued to develop work with individuals and groups
				which encourages us to look beyond our church family to partner
				with the city-centre community around us.
				The Church has reconfirmed its commitment to being an inclusive
				church and to work for a fully inclusive society. We have
				demonstrated this through our affiliation with the Inclusive Church
				Network, reregistering to allow marriages ofopposite sex couple
				and same -sex couples to take place on the promise and by
				continuing an eco-church agenda.
				We continued to plan for a major refurbishment ofour premises.
				The project is moving forward as the 'Truro Community Hub. ' This
				project will help to address the lack of community facilities within
				the city. Its potential value was recognised by leaders in the
				community, and we were invited to apply for a grant from the
				Truro Town Fund which is part of the government Towns Fund.
				This resulted in a grant of2952,000 to assist with our
				development being confirmed during the year. We continue to
				navigate a funding gap and the technicalities of legal implications
				for the Hub project.
				In order to provide the prospect of reasonable financial security to
Brief statement			ofthe	the Church and the Circuit going forward the Church Council has
charity's	policy		on reserves	agreed to hold in reserve the equivalent of6 months unrestricted
				expenditure (this being f116,000 in the most recent year). In
				addition, in accordance with RICS guidelines, we seek to build up
				a reserve equivalent to 2.5%ofthe capital value ofthe buildings
				(this being F27,500 in the most recent year). The Reserves funds
				designated by this policy amount to 2143,500.Total reserves of
				2260,000 currentl exceed this level. This excess was derived

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Miss	Sarah	Carbis (Resigned	30.04.23)	Mrs	Hannah	Bose (Resigned 31.01.23)	Bose (Resigned 31.01.23)
		Mr John Wallace			Mr	Kenneth	Tinkler
		Mrs Janet Crocker			Mrs	Kathleen	Tinkler
			Mr	Tim Wellings
				Treasurer:
			Mr	David Rabey
			Mrs Rita Soper

St	atement of Fin	anci	al A	ctivitie	s (SOFA	) for the ye	ar ended 3	1August	2023
					Notes to		Designated
					the	General Fund	Funds	Restricted	Endowment	Total
					accounts	(Unrestricted)	(Unrestricted)	Funds	Funds	2022-23
Income
1	Offerings					119,405				119,405
2	Donations					24,749		3,222		27,971
3	Legacies and grants							119,641		119,641
4	Giftaid					26,512				26,512
5	Interest and investment	income				2,689				2,697
6	Income from investment	properties		/ lettings		64,127				64,127
7	Internal organisations							9,168		9,168
8	Other charitable income					3,065				3,065
9Total income						240,547		132,031		372,586
Expenditure
10	Circuit assessment or share					115,760				115,760
11	Grants and donations					7,168		2,824		9,992
12	Property maintenance	and repairs				13,756		123		13,879
13	Insurance, utilities etc					32,295				32,295
14	Depreciation					14,734		67		14,801
15	Office expenses
16	Other expenditure					23,249		8,810		32,059
17	Wages and salaries					24,608		5,753		30,361
18	Internal organisations							9,634		9,634
19Total charitable expenditure						231,570		27,211		258,781
20	Gains/(losses) on monetary		investments
21	Gains/(losses) on investment		properties
22	Net income/(expenditure)					8,977		104,820		113,805
23	Transfers between funds					207	(6)	(201)
24	Other gains/(losses)
25	Net movement in funds					9,184		104,619		113,805
26	Total funds brought forward					1,495,994	24,401	331,749		1,852,144
27	Total funds carried forward					1,505,178	24,403	436,368		1,965,949

				Notes to			Designated
				the	General	Fund	Funds	Restricted	Endowment	Total
				accounts	(Unrestricted)		(Unrestricted)	Funds	Funds	2021-22
Income
1 2	Offerings Donations				116,213 19,842			2,803		116,213 22,645
3 4	Legacies and grants Giftaid					25,253		312,618		312,618 25,253
5	Interest and investment income					318				319
6 7 8	Income from investment properties Internal organisations Other charitable income		/ lettings			68,278 5,841		14,066		68,278 14,066 5,841
9Total income					235,745			329,487		565,233
Expenditure 10 Circuit assessment or share					115,760					115,760
11	Grants and donations					3,547		2,935		6,482
12 13	Property maintenance and repairs Insurance, utilities etc					14,668 25,139		275		14,943 25,139
14	Depreciation					17,333		78		17,411
15Office expenses 16Other expenditure 17Wages and salaries 18 Internal organisations 19Total charitable expenditure					21,592 22,644 220,683			13,385 16,673		21,592 22,644 13,385 237,356
20	Gains/(losses) on monetary	investments
21	Gains/(losses) on investment	properties
22	Net income/(expenditure)					15,062		312,814		327,877
23	Transfers between funds
24 25	Other gains/(losses) Net movement in funds					15,062		312,814		327,877
26 Total funds brought forward 27Total funds carried forward					1,480,932 1,495,994		24,400 24,401	18,935 331,749		1,524,267 1,852,144

				General	Fund	Designated	Funds	Restricted	Endowment	Totals 2023	Totals 2022
				(Unrestricted)		(Unrestricted)		Funds	Funds
			Notes to the
			Accounts
Fixed Assets
Church building and other property			12	1,245,006				397,730		1,642,736	1,507,226
Investment properties
Investments			13
	Total lixed	assets		1,245,008				397,730		1,642,738	1,507,228
Current Assets
Debtors and prepayments			14		38,513					38,513	9,038
Loans by the Churches
Investments with TMCP							296			296	293
Central Finance Board	Deposits		14		79,013					79,013	76,360
Cash at Bank and in hand			14		152,551		24,107	52,322		228,980	294,884
Total current		assets			270,077		24,403	52,322		346,802	380,575
Current liabilities
Creditors (due in under	1 year)		15		9,907			13,684		23,591	35,659
Total	current liabilities				9,907			13,684		23,591	35,659
Net current	assets/liabilities				260,170		24,403	38,638		323,211	344,916
Total assets less	current liabilities			1,505,178			24,403	436,368		1,965,949	1,852,144
Long term liabilities
(due after more than	one year)
Loans lo the Church
	Net assets			1,505,178			24,403	436,368		1,965,949	1,852,144
Funds of the Church
General Fund (Unrestricted)			18	1,505,178						1,505,178	1,495,994
Designated Funds (Unrestricted)			18				24,403			24,403	24,401
Total Unrestricted		Funds								1,529,581	1,520,395
Restricted Funds			18					436,368		436,368	331,749
Endowment Funds
	Total Funds			1,505,178			24,403	436,368		1,965,949	1,852,144

				Truro Methodist	Truro Methodist	Church
						2023	2022
4. Donations		and legacies		Unrestricted	Restricted	Total	Total
					F		P
Offerings				119,405		119,405	116,213
Gift Aid				26,512		26,512	25,253
Donations				24,749	3,222	27,971	22,645
Legacies	5 grants				119,641	119,641	312,618
Total				170,666	122,863	293,529	476,729
						2023	2022
5. Charitable		activities		Unrestricted	Restricted	Total	Total
						F	E
Fund raising
Sundry				3,065		3,065	5,841
Total				3,065		3,065	5,841
						2023	2022
6. Lettings				Unrestricted	Restricted	Total	Total
					E	E
Lettings				22,805		22,805	22,055
Car Park				34,655		34,655	36,223
King Sturge				6,667		6,667	10,000
Total				64,127		64,127	68,278
						2023	2022
7. Investment			income	Unrestricted	Restricted	Total	Total
				E		P	E
Advance	deposit		funds	2,689		2,689	318
Bank interest				8		8	1
Other
Total				2,697		2,697	319
						2023	2022
8. Other				Unrestricted	Restricted	Total	Total
Internal organisations					9,168	9,168	14,066
Total					9,168	9,168	14,066

	Truro Methodist	Truro Methodist	Church
9. Payment to Trustees							This year	Last year
Payments made to trustees for additional services provided the Church Council Meeting Number oftrustees who were paid expenses			to the Church	by agreement	with	E	7,200 ~4	7,200 ~6
Total amount paid in expenses						6~3,729		~3,676
10. Fees for examination or audit ofthe accounts
Independent examiner's or auditors' fees	for reporting	on the accounts					1,137	1,033
Other fees (eg: VAT advice, accountancy auditor	services) paid to		the independent	examiner or			9,293	2,486
11. Paid employees
Staff Costs paid during the year were: Gross wages, salaries and benefits in kind Employer's National Insurance costs Pension costs							28,632 839 890	20,701 909 1,034
Total staff costs							30,361	22,644

Cost or valuation
						Payments	on
					Fixtures,	account	and
					fittings and	assets under
		Churches	Manses	Other Buildings	equipment	construction		Total
					f
Balance brought	forward	1,100,000			428,821	308,561		1,837,382
Additions						150,311		150,311
Revaluations (+/-)
Disposals (-)
Transfers * (+/-)
Balance carried	forward	1,100,000			428,821	458,872		1,987,693
Accumulated depreciation
Balance brought	forward				330,156			330,156
Depreciation charge for year (-)					14,801			14,801
Revaluations (+/-)
Disposals (-)
Transfers* (+/-)
Balance carried	forward				344,957			344,957
Net book value
Broughtforward		1,100,000			98,665	308,561		1,507,226
Carried forward		1,100,000			83,864	458,872		1,642,736

Carrying (market) value at beginning	ofyear
Add: additions to investments at cost
Less: disposals at carrying value
Net gain/(loss) on revaluation
Carrying market) value at end of year

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Analysis of	current assets			This year	Last year
Debtors and	prepayments
Prepayments				38,341	8,668
Other debtors				172	370
Total debtors	and prepayments			38,513	9,038
Analysis ofcash at bank
Bank balance	held in Trustees for Methodist		Church Purposes	296	293
Bank balance	held in Central Finance Board		- Deposit Fund	79,013	76,360
Bank balance	held at Lloyds TSB30 day	notice account		7,121
Bank balance	held at Lloyds TSBInstant	account
Bank balance	held at Lloyds TSBCurrent	account		124,869	135,109
Bank balances	held at Lloyds Treasurers	accounts		1,000	7,086
Bank balance	held at Lloyds Truro Community		Hub Current account	84,118	140,541
Sundry Accounts and Petty Cash				11,872	12,148
Total Cash and Bank				308,289	371,537
Analysis ofcurrent liabilities and long		term creditors
Trade Creditors				13,768	28,523
Accruals and provisions				6,490	7,136
Deferred income				3,333
Total Current	Liabilities			23,591	35,659

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Endowment	Funds
Fund Name			Opening	Income	Expenditure	Transfers	Revaluation	Closing
			Balance				gains/losses	Balance
		Totals

Name	ofrelated party	Relationship	Relationship	Description transaction	of	Income from related party during the year	Payments to related party during the year	Loans to/ (from) related party during the year	Amounts owed by/ (to) related party as on 31-Aug-2023
5 Harris		Church	Council	Repairs and			275
				renewals
P Davey		Church	Council	Organist fees			7,200
TBersey		Church	Council	Repairs and renewals			128
D Crocker		Lay worker		Expenses			3,326
Total							10,929
Last year
Name	ofrelated party	Relationship		Description transaction	of	Income from related party during the year	Payments to related party during the year	Loans to / (from) related party during the year	Amounts owed by/ (to) related party as on 31-Aug-2022
5 Harris		Church	Council	Repairs and renewals			90
P Davey		Church	Council	Organist fees			7,200
				U IO vlsua
T Bersey		Church	Council	expenses			2,280
D Crocker		Lay worker		Expenses			1,295
Total						8,000	10,865