Trustees. Annual Report for the period
Period start dale
01 September 2024
Period end dale
31
From
August 2025
Section A
Reference and administration details
Charity name
Truro M8thodist Church
other names charity is known by
Truro (wlth Tresillian) Methodlst Church
Registered charlty number (if any)
1131902
Charity's principal address
Union Place
Truro
Cornwall
Postcode
TR11EP
Names of the charity trustees who manage the charity
Name of person lor bodyl
entltlgd to appolnt truBte8 Ilf
an
Tru8te8 name
Offlce Ilf any)
Dates acted if not
for whole year
Revd Mark Dunn-wilson
Minister (Chair of Church
Council)
Truro School Chaplain
Lay Worker
Lay worker
Lay Worker
Lay Worker
Lay Worker
Lay Worker
Church Elected
Ex officio
Revd Helen Byme
Mrs Janet Tredrea
Mr David Crocker
Mrs Sue Strawford
Mrs Victoria Hick
Ex officio
Ex officio
Ex officio
Ex officio
Ex officio
Ex officio
Mrs Karen Potts
Mrs Janet Crocker
Ex officio
Mr John Wallace
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Church Council
10
Mrs Kathleen Tinkler
Church Steward
to 30104125
Mr Ken Tinkler
Church Steward
to 30104125
12
Mrs Hilary Boaden
Mr Tim Wellings
iss Tina Buddle
Mr Steve Lilller
Mrs Susan Littler
Church Steward
13
Church Slew8rd
14
Church Steward
15
Church Steward
from 01105125
16
Church Steward
from 01105125
17
Mrs Jo Harris
Mr Ken Tinkler
Church Steward
from 01105125
18
Church elected
from 01105125
from 01105125
19
Mrs Kathleen Tinkler
Church elected
20
Miss S8rah Carbis
Elected Representative
Treasurer
to 30104125
21
Mr David Rabey
Mrs Rita Soper
Mr Steve Harris
22
Treasurer
Church Council
Church Council
23
Property Secretary
Musical Director
24
Mr Philip Davey
Church Council
TAR
Mar¢h 2012

25
26
Mr Tim Bersey
Mrs Helen Nicholson
Mrs Jayne Thomas
Mr Andrew Gendall
Audio Visual Ministry
Tresillian Represenlalive
Circuit representative
Elected Representative
Elected Representative
Elected Representative
Elected Representative
Elected Representative
Elected Representative
Elected Representative
Events Steward
Church Elected
Church Council
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual ChurGh Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Church Council
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
Annual Church Meeting
27
28
29
Mrs Abi Bersey
Mr John Flatt
to 31108125
to 31108125
30
31
Mrs Maggie Issaka
Mr Slephen Nicholson
Mrs Pam Carbis
32
33
Mr Nigel Baker
Mr Bob Girvan
Mr Ross Vincent
35
36
10 31.08.25
37
Mr Julian Bose
Mr David Smith
Church Elected
to 31.08.25
38
Church Elected
Church Elected
to 31.08.23
10 31.08.25
39
Mrs Beth Vincent
40
Mr lan Street
Circuit representative
to 31.08.25
Name
The Trustees for Methodist Church Purposes
custodian trustee
Dates acted if not for whole year
Names and addresses of advisers (Optional Information)
e of adviser
Name
Address
Accountants
Francis Clark LLP
Lowin Hous8, Tregolls Road, Truro, TR12NA
Vivian House, Newham Road, Truro, TR12DP
Auditor
TC Lang Bennetts
Accountants Truro
Name of Chief executive or names of senior staff members (Optlonal infomiationl
Revd Mark Dunn-wilson Minister and Chair of Trustees
TAR
March 2012

Section B
Structure,
overnance and mana
ement
Description of the charity's trusts
Type of governing document
Act of Parliament
How the charity is constituted
Trust
Trustee selection methods
Appoinled by Church Council or Annual Church Meeting (some Twstees
are ex officio)
Additional governance issues (Optional information)
lnduc1ion￿raInIng'.
Rango of guidance provided by Methodist Connexion
'The Role of a Trustee, leaflet available lo Trustees
Safeguarding Training (foundalion and advanced) is maintained
and updated for all Injstees and DBS obtained as appropriate.
Equality, Diversity and Inclusion Training for Trustees and
designated office holders
You may choose lo include
additional information, where
relevant, about:
policies and procedures
adopted for the inducliorn and
training of trustees.,
the charity's organisational
structure and any wider
nelwork with which the charity
works.,
relationship wilh any related
part18S'.
trustees, consideration of
major risks and the system
and procedures to manage
them.
Structuré..
Part of Mid Cornwall Circuit, The Methodist Church
Accountable to the Melhodlst Conference
Risks:
Propety & Financial risks considered by regular Leadership Team
meetings
Major risks considered by Church Council
Professional advice taken 8s required {e.g. legal advice)
Adopted Safeguarding Policy, with approved Safeguarding tralnlng
ro
ramme
Section C
Ob'ectives and activities
Sel out in the Methodist Church Act 1976 (clause 4)- synopsis -
Advancement of Religion and any charitable purpose of the Methodist
Church or church organisation. (Se8 Methodist Church Act 1976)
Summary of the objects of the
charity set out in its
governing document
TAR
Mar¢h 2012

To Serve the communities of Truro and Tresillian through religious. social,
and splritual activities for a full range of people.
To provide a safe place for mutual support and development where each
person can achleve thelr full God%lven potenllal.
To promote, through teaching and discussion, the principles and lifestyle
of the Chrislian fallh.
To create an inclusNe ￿MMunity where every person finds a welcome
regardless of ethnicily, gender, orfentation, age or physical abilities.
Summary of the rnain
actlvltles undertaken for tho
public benefit in relation to
these objects {include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)
The Trustees have referred to the Charity Commission guidance on
public benefit when revlewlng our aims and objectives and in planning
our future activities.
Additional details of objectlves and actlvltles {Optional information)
Within the Methodist Church. local Churches. Circuits and Districts are
not defined a5 {extem81) grant-making bodies.
Funds. in excess of those required for the general operation of Truro
Methodist Church, are invested with the Centr81 Finance Board of the
Methodist Church.
You may ¢hoose to include
further statements, where
relevant, about-
policy on grant making.,
policy programme related
investment.,
conlribution made by
volunleers.
Much of the oversight, management, and day-to4ay aclivlty of Truro
Methodist Church is undertaken by volunteers (lay people) most of whom
are Trustees. These are David Crocker, Jan81 Crocker, Janet Tredrea.
Steve Harris. David Rabey, Rila Soper.
TAR
March 2012

Section D
Achievements and performance
We have continued lo provide pastoral. spiritual and study
support for people able to meet on site and through our online
plattorms.
Both Sunday morning services are streamed with several hundred
people vSewing each w66k from their homes in Truro and beyond
through Comwall and other parts ofthe UK and even the world.
We have continued to operate Sambells. our community cafa. As
is common in many fields, we have fell the realily of declining
volunteer base which has pul pressure on the continuing
provision of this important community servic8.
Our premises are us&d extensively by community groups and
other organisations including various choirs, counselling groups,
medical screening, conferences and seminars.
An ongoing programme of maintenance to Ihe Church's listed
propety to malntain its ￿1nd and water-tight. conditlon, and to
enhance the internal facililies and decor
Providing a distribution point for surplus supemiarket foodstuffs,
given away free to local people
Providing operallonal support to Truro Strèèt Pastors
Expansion of ventures for young people led by the Mid CornwaS1
Circuit Youth Enabler
Our village chapel Continues to provi(le resources for the local
community including 8 very effective toddler group and a
mmunity food larder
We have continued to develop work with individuals and groups
which encourages us to look beyond our church family to partn8r
with the city-centre community around us.
The Church has reconfimied its commitment to being an inclusive
church and to work for a fully inclusive society. We have
demonstraled this through our affiliation wlth the Incluslve Church
Network, reregistering to allow marriag8s of opposite sex couple
and same -sex couples to take place on the promise and by
contlnulng an eco-church agenda.
We continued to plan for a major refvrbishment of our premlses.
The project is moving forward 8S 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 of £952,000 to assist with our
developmenl being confimied during tha year. We continued to
navigale a funding gap and the technicaliti85 of legal implications
for the Hub project. Most outstanding issues had been resolved
before the end of the ye8r with a view to starting conslruction In
Autumn 2025. Mosl of the funding for tho project was received
during the year and will be expended in 2025126 and 2026127.
Summary of the main
achievements of the charity
during the year
Section E
Financial review
The principal funding source for the Church is offerings and
donations. Funds carried forward al the year-end total £3,541.563
of whi¢h £1,897,152 is restricted. There are no materlal
designatsd funds.
Brief statement of the
charlty's pollcy on reserves
In order to provide the prospect of reasonable financial security to
the Church and the Circuit
oin
forward the Church Council has
TAR
March 2012

ag￿ed to hold in reserve the equivalent of 6 months unrestrlcted
expenditure (this being £144,000 in th8 most recent year). In
addltlon, In accordance with RICS guldelines, we seek to build up
a reserve equivalent to 2.5Yo of the capital value of the buildings
(this being £50,000 in the most recent year). The Reserves funds
designated by this policy amount to £194,000. Total unrestricted
free reserves of £393,000 cU￿entlY exceed this level. This excess
was derived from reduced expenditure on the premises which will
be substantially upgradad as part of th8 Truro Community Hub
Details of any funds materially
in deficit
None
Further financial review details {Optional infomiation)
You may choose to include
additional information, where
relevant about..
the charity's principal
sources of funds (including
any fundraising).,
how expenditure has
supported the key objectives
of the charity.,
investment policy and
objectives including any
ethical investment policy
adopled.
The pay of contracted staff is reviewed each year. The annual
Methodist Conference sets a percentage increase for presbyteral
siaff and it is our practice to follow this guideline for lay staff. The
Methodist Church requires all staff to be paid al least the Real
Living Wage. Truro Methodist Church exceeds this for each
employee.
Sambells {Truro) Ltd is a subsidiary company which trades on the
premises. It exists to operate 8 small community café in the
church entrance area. The directors are members of the church.
Those who operate the seNice are all volunteers. The accounts
are audited and lodged with Companies House. Any year end
surplus is Iransferred to church funds.
Section F
other optional information
Truro Methodist Church will continue to provide services lo the community of Truro in future years. These
include regular worship services, learning opportunities. space for concerts and conferences. refreshments
through Sambells Café and community lunches each Thursday. The completion of the Truro Community
Hub in early 2027 will enable these services lo be enhanced. We will continue lo work with a range of
charities and intend lo work with more. The Truro Community Hub will become known as Kemeneth-
Cornish for community.
Section G
Declaration
The trusto¢s doclare that they have approved the trustees, report above.
Slgned on behalf of the charlty's trustees
Signaturelsl
Full namelsl
Posltlon (eg Secretary, Chair.
etc)
Revd Mark Dunn-wilson
Chair of Trustees
Date
TAR
March 2012

CHURCH
ACCRUALS ACCOUNTS
2024-25
THE METHODIST CHURCH
STANDARD FORM OF ACCOUNTS
Truro Methodist Church
FOR THE YEAR ENDED
31 August 2025
Mid Cornwall
Circuit
Circuit no
12104
Registered Charity- Charity Registration number
1131902
If not a registered charity Her MaJesty'$ Revenue and
Customs Glft Ald number
(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable
status and may be used lo give lo donors or grant funders wishing lo see evider¢ce of the
organisalion's charitable status. Methodist charities in England and Wales that are not registered
charities are excepted from registration under Statutory Instrument 2014 No.242)
Minister..
Rev'd Mark Dunn-wilson
Church Stewards:
Mr Steve Littler (from 01.05.2025)
Mr Kenneth Tinkler
Mrs Kathleen Tinkler
Mrs Hilary Boaden
Mr Tim Wellings
Miss Tina Buddle
Mrs Susan Lilller (from 01.05.20251
Mrs Jo Harris {from 01.05.2025)
Treasurer-
Mr David Rabey
Mrs Rita Soper

Truro Melhodisl Church
Church Nts 12104
statement of Financial Activities {SOFA) for the year ended 31 August 2025
ot¢$ to
tho
accounts
es
gnate
Fund5
Goneral Fund
Re5trlGted
Funds
Endowment
Funds
Total
202425
Income
1 Offe￿￿
2 Donalrons
3 LegaGles and
4 Gift aid
5 Interest and Investment Income
6 Income from investment proper￿e$ I lelllngs
7 Intemal organisalK)ns
8 Other Gharitable income
9 Total In¢om•
127,447
38.814
127,447
41.013
1.405.070
26,866
31.392
69,427
8,594
4,854
1.716,663
2,199
1,405,070
28,866
31,378
69.427
14
8.594
4.854
300,786
14
1,415,863
Ex
enditure
10 Circuit gssessmenl or share
11 Grant$ and donations
12 Pro
Maintenan￿ and ra
121.8QO
5,116
51,881
35,658
15.720
121,600
7,195
51,BB1
36,261
15.964
2,079
airs
603
244
14 08pr*¢iaiion
15 Office expenses
16 Other expendllure
17Wa
es and salaries
12
12
52.465
28,785
1.695
12.711
8.625
25.957
54,160
41,496
8,625
337,382
12
19 Total charftable expendlture
311.425
20 Gain51llos5&sI on monelary investments
21 Gains1
losse51 on inve51tll8nl
erbes
22 Not In¢om8118xponditu
23 Transfers betwe£Tr funds
24 Olhergainslllossesl
25 Not movqment In funds
10,639
24,107
14
24,107
1.389,906
1.379,2BI
24,093
1.389,906
1.379.241
26 Total funds brou9hl forward
27 Total funds carrfed forward
1,830,618
1,844,086
24,418
325
507,246
1,897.152
2.162.282
3,541,563

TTuro Methodist Church
Church No IV04
Statement of Financial Activitles (SOFA) for the year endod 31 August 2024
oteB to
the
account8
Deslgnated
Funds
IUnr8strl¢tedl
General Fund
IUnr8strl¢todl
ReslThcted
Funds
Endowment
Funds
Total
2023.24
Income
1 offe￿
2 Donat￿nS
3 Legacles and grants
4 Giftai
5 Interest and Inveslrn8nl Income
6 Income from loveslmenl proper￿eS I leltin
123.236
33.433
1￿,000
27.065
8.998
73.160
123,236
36,410
189.200
27.065
9,013
73.160
9,417
5,127
472,62B
2,977
89,200
9,417
8 Othercharitable income
9 Total Income
S.127
371.919
15
101,S94
Ex
endlturè
10 Cir¢ull assessrnenl or share
11 Grafils and donations
12 Prope
tnainlenance and rèpaits
13 Insur8nce.utslilie$ etc
14De
etxalio
15 Otfice expenses
16 other8x￿nd11Ure
17 Wage5 and salaries
116.ODO
7.414
15.073
42.501
13.324
116,000
10,310
15,073
44,756
13.614
2,B96
2,257
290
25.211
26.056
30,362
3B,122
8,056
276.29$
12,066
8,056
30.716
19 Total charftablè exppndltur
245,579
20 Gainslllos588
21 Gainsll105ses
on mDnelary I￿¥￿StMents
on inveslrn8nl
rop£rbes
22 Net inGornel
expenditur
23 Tr8n$f¢rs betrNeen funds
24 Other galnslllos$esl
25 Net movement In fund6
125,440
15
70,87B
196.333
125,440
15
70,876
196,333
26 Total fun(Is brought fo￿ard
27 Totsl hjnds carrfed forward
1.505.178
1,630,618
24,403
24,418
436.268
507,246
1.965.949
2,162,282

Twro Methodlst Chureh
Church No
12104
Balance Sheet as at 31 August 2025
<5?ne￿I Fund
De¥lgnthd Fun
R•strlct•d
FL￿d¥
EndowrAèni
Funth
Yota1*2U25
Ttitsl*
Not4Stot
Ae¢wn
Flxpd A￿￿t1
ChUrchb￿￿1r0 ar￿rth￿rp
lThve51mprtpropBths
l.Zg).2ZO
752,078
2.W2,298
1,250.2
752.078
2,￿2.)00
1.66Q9fj2
¢Wr9￿tA￿0
Oobtors pr￿￿￿8￿1%
LogrÉ
Invesknentsvrith TMCP
FIn￿¢￿ DWit9
CAshalBarthÉnd
12,2
I2.W￿)
325
679,*9
870,892
1.$6l755
15
15
35D,911
49.486
412.697
328.327
821,406
1.149.733
297.921
2U4.6fj0
514,147
In l )wl
16
18.833
4,ESg
4.659
1.145.074
.492
23.4>2
1,￿9.2
12,82Y
J.È84
325
Tot•liss•tsloss curr•ntlliblllll
1.614,086
325
1.897,152
1541,58a
2.162.2B2
IduB afterrnur8 than on
Nelassots
1,644,086
325
1,897,152
3,541.5fj3
2.162.282
Funda of Ih•¢hur¢h
Gpnerzl luwe5￿cted)
Des￿￿eted Furth Iunresknctsdl
rot41UnrnslrfctodFunds
1,6U.DB6
1,644.086
1.830,ei8
24.418
1.65&036
)7.246
325
1.6M.411
1.897.152
1,B97.1S?
TotalFunds
1,844,068
325
1,897,152
3,541,563
2,162,282
Th8sèflnBnelAlstgtamAni$wgie 9Uthorlsedbythg B¢£rdofTru*e#8on............................... und kiBsignedonth8lrb8h•Vby.
M&tkDunTrWilsan, Tn

Truro Melhodlstchurch
Church No
CB5hftow5t4ternentforthq yqlrendqd31A￿ust2O2s
2025
Staternentolashflows
Note
Cash frarn operatTnE artlvltlÈ
L373N73
217,424
5hflowsfrom In￿$15￿$0ttmfIeS
Dlvidend5.lfitere5t rentsfrDm Inve5tmEnts
pU￿hase Df pTopertYrplant Equipment
3L392
1357.3011
9,013
Netcishptov1d￿ bylnvkStln44dlvttla5
1325.9101
122,8251
rash nowstromWnancln¥aCt1¥￿￿s
NetcashusedlnflMnclnB brt1￿1￿5
Chinjq In c15h ind cash qqulvil•ntslnthB rnportl￿￿￿rllld
I.047￿63
502.892
I￿50,455
194.603
308.289
502,892
C45h and c45h equly¥lent54tth8 and of the repDrtln¥pÉrlod
2025
2024
Reconc11￿10￿ of ￿et IncornBto n•tCa5hthwfrarn opera￿n
attlvllle
L379,281
196.333
AdlustrnÈnts lor.
Depreciation and aMDrt1￿tIOn charge5
Dividends, int2restand rEntsfrom InYe5tments
15,964
13L3921
11.0451
10,665
13.614
Is
16
27.2S8
110,7641
Neteash usedlntyel4t1r￿actIv￿è5
374473
217N18
2025
2024
Analysli otrash andcash
Cash In hand
Total (ashand (ash e4ul¥aletttS
ulvalent
L550,4S5
1,55Tr,455
$02.892
SOLBYZ

Truro Mothodi5t Church
Not•s to thè Accounts
1. Basis of accounting
Th8 financial statements hgve been prepgred un¢Jer the hk%lorfc costconvention. and In accordance ￿th the 2019 version of AcrA)unting
and R6POrtlng by Chariliès.. Slalement of Recomtngnded PraclKe ISORPI AppllGgb18 to thgrille5 prepartng thelr8rtounts In accordance
wrfh FRS102- the Charitie5 SORP IFRS1021 and the Ch8rtlles Act 2011.
Th6 finan¢lal statsTnents are presellled in pounds 518rfing and rounded lo the nearest£
2. Fund$
The funds hekl consblute.. Generdl Funds held for any purpose of the Chur¢h whlch are Unrestrt¢l8d. Restricted fvnds whkh arè hgld
for a na￿0￿r puwose, Including IhDS8 for inlemal Drganisation6. Details of eath tnalerial fund are disc1058d in the final note lo trese
accounts. AnyfundB may b8 represented bymore Ihenju51 cash.
3. Accountlng pollcles
Basls
Thege aceounls h8v8 been propared on the basls of hlstorfcal ¢o$textspl thai Invesknents are shown al their market value al the end of
the ye8r. on the a￿al8 bas15 to shDW a true and fairview of the Church's finanoal posit￿n and activilre5.
The charity has one subsidiary. A sub$ldlary 1$ an enllty¢ontrolled by the charity. Cofilrol 1$ achieved Ylhert Ihtr Gharity has the powerto
govern Ihe financlal and oparaling poli¢ies of an anlity $0 as to obtain benefits from it5 aGtivilie5. Consolidated financial slalernenls have
llot been drown up on Iha b9￿$ that the $ub$idiary Is wnmaterkS 1¢ ¢harlty. The $ubsldl8ry has ￿en treated as an inve51m8nl and 15
reported al cost.
Going Concern
The Irustses ¢onslder th81 Ihere 8re no malerfal uncertanligs aboultha charws ablllty to ￿ntInue as a golng conG8tn, havlng
considered a period of at18ast 12 months from the date of approval ofihe finan￿al slgtements.
Incoming Resources
Income is included in the Slalemenl of FinancialAclKvilies ISOFAI when the Church be¢om8¥ tntilled lo 188ources, and th8 Iru518es
are reasonably¢ertaln Ih8yvAII recelv8 Ihe rosour¢8s'. and monBtsryvalue can bB Tn8asured wllh sufficlenl r8lkgblllty.
Resources Expended
This is recognised when a liabllltyls Incurred, or8 constmdve obl[g¥u￿ arlses. that resullg the payfflenl being unavoidab￿.
Ll8bililie8 are recognised as soon as an outnow of economic benefit is considered tnore likdy than not under the koal or¢onslrucllve
obligation coTnmitting the Church lo pay out resources.
Grants
Gronts made bythe ehur¢h from 11$ own fvnds are rwnlsed In fiJll ai tha ofagrBementorwhen the Cfrurch accep15 that there i
189al or operational obligation lo make the payment. Whell the gr8nt is recurrent over more than one year th8 b8￿n¢t payable in future
years 15 Irealed as a provlslon for future commllmenls In tha Balan¢6 she￿ aoalnsi th8 appropriate fund, th8 prov15ion bdng relegsed In
fuiure years as instalfflents 318 paid in accordance with the ollglnally 8greed lemis.
VAT
Since Ihe Church 15 not VAT ￿gIStered. 911 inputVAT is charged Trmlh the expenge9 to whkh11 refers.
Tanglble flxed a55ets for use by the Church
These aro capitalised rflhey can b8 us£d for more than ona yegr and individually cost al le391£1,000. Legal liNe to tho fr8Bhold Church
propertyis hekj byTrustees for Methodisl Church PUr￿Se8 as ¢u$lodlan Irusieo. In Iln$ with Ihg published guidance the fre£hDld
Church propety and contents were recognised In th6 accounts in th8 ended 31 August 2014. In the Bbsence of detgiled historic
re¢ords they sv8re inGlud8d in line with a profe5SK)nal valuation conducted on 30 January2015, as an appr0￿mall0Th lo ¢osl. Ass915
under construction are noldeprecialed until they are broughl Into usg.
D&pMelatlon
Doprecialion Is Charyed as lo wrilg off the costof th9 aGsels, offterthan freehold properly. over theire51imated useful IlYa8. as follows..
Freehold property 1$ not depreciated IhB trustees are exercising a level of 51ewardship over the buildings whsre regul8rr8p8lrs
and maintenance are mainlaining th8 buildiny5 to such a standard Ihatthe expected useful life Is 80 long. ft Is indelennlnabl&. Any
depreciation ¥voukl therefore be negligible
Assat class
FI￿U[eS. fittings alld equiprn9nl
Depreclatlon method and rat0
15% reducing b818nce
Investment Propertl&s
Investment properbes- no property Is currenlly deemed to not be behy for the lorvJ term purpos8s of thtr Eharity.
Investm•nts
Invesimenls are valued in thè balanc8 sheet al Gost at the year enij. Inve51ment I￿￿Me i¥ included In the accounts when recelv8ble and
any gains or losse5 on revalualK)n 91 the year end are shown Sn the SOF
Debtors and Prepayments
These amouTris Ère owed Its Ihe church and iDcludg payTDellls mad8 bylhe thurch for Ser¥￿eS yel lo be rBcefved. DÈblors arts
reco9nised when Incurred and m&asui8d ai Iransa¢iion wce.
Creditors
Creditors include ou151anding5 relating to ulililtes, telephones. capital improvèmBnls elG and ar8 recoynised when incurre¢. Credltots 8f8
measured al transadion prica.
12

Truro Methodist Church
2025
Total
2024
Total
4. Donations and legacies
Unroslricted Restricted
Offerings
Gift Aid
Donations
aGies &
Total
127,447
28,866
38,814
127,447 123,236
28,866
27,065
2,199
41,013
36,410
1,405,070 1,405,070 189,200
195,127 1,407,269 1,602,396 375,911
rants
2025
Total
2024
Total
5. Charitable activities
Unrestricted Restricted
Fund raising
Sund
Total
4,854
4.854
5,127
5,127
4.854
2025
Total
2024
Total
6. Lettlngs
Unrestricted Restricted
Lettings
Car Park
Kin
Stur
Total
33,672
25,755
10,000
69,427
33,672
25,755
10,000
69,427
27,915
35,245
10,000
73,160
2025
Total
2024
Total
7. Investment income
Unrestricted Restricted
Advance deposit funds
Bank interest
other
Totsl
31.317
75
31,317
75
8,915
98
31.392
31,392
9,013
2025
Total
2024
Total
8. Other
Unrestricted Restricted
Internal organisations
8.594
8,594
9,417
Total
8,594
8,594
9,417
13

Truro Method15t Church
9. PayrnBnt to Trn6tees
Th18 yO8f
Last y8ar
Paytnents tnade lo ItUStees as lay y￿rkerS or ft)r addit￿nal seTViCBS
provided to the GhurGh by agreement ￿th the Church Councll Meellng
14.850
18.689
Numberof Irus1885 who were paid 8xp8n58S
Totsl 8rnount paid in expenses
2,155
4,421
10. F805 for 8xamlnatlon or audlt of th8 accounts
Indtptndtrnt examln8r'8 or auditors, feés for reporflng on th8 accounts
Olhor feas le9.. VAT advlc8. ac¢oun18ncy servlce$l p8ld to the
independent exeminerorguditor
11,500
1,250
13,813
3,844
11. Pald èmploy8es
Staff Costs paid during the yearwtrè..
Gross wages. sa18rfes an(1 benefit5 in knnd
38.881
1.590
1.025
41,496
36.209
953
960
38,122
Employerfs National Inyur8nce costs
Pension costs
Total staff ￿)sts
Average nurnber of staff ernployed during the yearwer•'.
Th& key management personnel are deemed to be the trustee5.
Paymèt)t$ mado to tho trust8e8 are Outllned In note 9 above.
No employ808 r6¢8lvod b8nefflt8 over £60.000
12. Expendlturo by actlvlty
Actlvlty Support ¢08t8 Total 2025
ndgrtaktrn
directl
121.800
7.195
51.881
8.625
189.501
2024
Cirojil share 8nd churth activity
Grants
Property rnBintengnce
Intemal organisations
Total ¢harltsblo O¢t4vltyexp0ndlturo
95.656
217,456
7,195
104,106
8,625
337,382
116,0
10.310
73.445
8.056
207,811
52.225
147.881
Support Costs=
Basls of
allocatlDn
Time spent
By usag8
Governance
CO8t8
33,374
Estab115hment
ost8
1,954
52,225
54.179
Adrnin
costs
11.632
Total 2025
HR costs
48,696
Circuit shar8 and church activity
Property tnaintenancè
Total support CO8t8
95,656
52,225
147.881
33.374
48.696
11.632
14

Trura Meth4dlstChur(h
13. Tanglble Flxèd Assets
C05t or valuation
Payments on
account and
a55et5 under
nstructlon
Flxtures.
ffttlng5and
equlpment
thurches
Manses
other Bulldlnqs
Total
Balance brou£htforward
I,ify),000
435,702
483,829
2,019,53J
29,303
327,999
357,302
Transfer5"1+1-1
Balancè carrled forward
Lioo.000
465.005
Bll.828
2.376.833
A¢¢urnulated depreciation
Balance broughtforward
358,571
358.571
Deprecia￿0Th Charge foryear l-l
15,964
15.964
Trallsfers'1+1_I
B3lan¢e (wrrledforward
Net bDok value
374.535
a74.535
8rought forward
I,l(M).000
77,131
483,829
L660,960
Caffled forward
loo,000
9D,470
Bll,818
Z,OOll98

Truro Methodlst Church
14. Investment In subsldlary
Truro Methodist Church holds the entire share capital of it's wholly-owned trading subsidiary,
Sambells (Trurol Limited. The investment consists of 2 ordinary £1 shares, which are held at cost.
The subsidiary's principal activity during the year is the provision of te88, coffee and snacks in the
foyer of Truro Methodist Church. Truro Methodist Church has no commitment lo provide financial
support lo the subsidiary beyond the value of its share capital.
Analysis of investment movements
Thi$ year
Prev year
Change in investment values
Cost al be
innin
Add.. additions to investments al cost
Less: dis
osals 8t car
in
value
Net
ainl
loss
on revaluation
Cost al end of
ear
ear
16

Trnro Methodlst Church
15. Analysls of Current asset$
This year
Last year
Debtors and prepayments
Prepayments
10,310
10,081
Other debiors
1,990
1,174
Total Ileblors and prePa￿ents
12.300
11.255
Analys1$ ol ¢ash at bank
Bank balance held in Tru8t888 for Methodlst Church Purposes
325
311
Bank balance held In Central FSnanee 808rd- Deposit Fund
679,238
297.921
Bank b81anc8 h81d at Lloyds TSB 30 day noti￿ account
694
7,211
Bank balance held at Lloyd5 TSB Current account
86,464
72,124
Bank balances h81d al Lloyd8 Tr8asurers ac￿unt$
1,525
750
Bank balance held at Lloyds Truro Comrnunity Hub Curr8nt account
768,806
111.261
Sundry A¢counts and Petty Cash
13,403
13,314
Total Cash and Bank
1,550.455
502.892
16. Analy818 of current Ilabllltle$ and long term credltors
Trade Credltor5
3,854
Aecruals and provisions
20,159
5,640
Deferred income
3.333
3,333
Total Current Llabillties
23.492
12.827
17. ¢apltal ¢omml¢ments and contlngent Ilabllltle5
At the 318t August 2025 the Church has no capital commitments.
No Contingent liabilities were identffied at 315t August 2025.
17

Truro Methodlst Church
18. Loans and creditors due after one year
There are no loans or creditors due after one year.
19. Detalled analysls of Indlvldual fund movements
Unrestrlrted Funds
Fund Name
Opening
Balance
1,630,618
24,418
1.655,036
Income
Expendlture
Transfers
Revaluatlon
gainsl105ses
CloslnE
Balance
1,644.086
325
1,644,411
General Fund
Deslgnated Fund
300,786
14
311,425
24,107
24,107
Totals
300.800
311,425
Restricted Funds
Fund Name
Opening
Balance
1,703
358
330
603
894
14.105
442,456
30,180
16,617
507.246
Income
Expenditure
Transfers
Revaluatlon
galnsllosses
Closlng
Balance
1,823
335
Chaiities account
Fundraising for TVItIVD
Firecrest event
Grant for TM Circuit
Grant for Tables
Intemal organisation5
The Hub
The Hub Staff e05ts
Support Staff cos
2,199
2,079
23
330
603
24
8.625
510.00
7.911
6.182
25.957
870
14,074
1.847.016
22,269
10.435
1,897,152
8.594
1,405,070
Totals
1,415,863
Endowrnent Funds
Fund Name
Opening
Balance
Income
Expenditure
Transfers
Revaluation
8ainsllosses
Closlng
Balance
Totals
There were no Endowtnenl fund5 held during the year.
Tran5fer5 weFe made to reclassify funds on which desi£natlons were removed.
Fund
Charities account- general monies collecied to date.
Fundraising lor TVIDVD- fundrailing for TV screens and DVD copiers.
Iniernal Oroanisations- balances g8nerated by internal organi5ations.
The Hub- granis and funding toward5 the Truro Communlly Hub. Includes ¢apitalised expenditure
in fixed assets on professional f88s and planning applic8tion work.
The Hub Staff C05ts- To fund staff c05t5 Felating to the Hub.
Support Staff ¢osts- To fund specific staff costs.
ur
oses
18

Truro Methodist Lthurch
20. Related party transactlons
Tb1$ year
Incomefrom
related pa¥ty
durfni the
Payments
to related
party
durlnathe
year
Loan5to I
(from) rtl•ted
partydurlng
the year
Amount5
wÈdbyl
Name of relaied
parry
Relatlonshlp
Des¢rlptlon of
tr•nsactlon
party as on
31-Au8-ZOZ5
S Harris
Church Council
Repairs and
renewals
523
P Davey
Church Council
Or£ani5t fee5
7,200
O Crocker
Layworker
yworker
Layworker
Expense5
Salary
Expenses
1,485
7,650
ft Soper
J Tredrea
Total
147
I7￿05
Last year
Income from
related party
durlngthe
year
Payments
to related
Amounts
owed by I
Itol related
party as on
31-Aug-2024
Name of related
parry
Loan5 to I
Ilroml related
party durln
the year
Descrlptlon ol
trans•rtlon
Relation5hlp
party
durlng the
year
Dunn-wilson
Reverend
Mlnlsters
1,054
expensE5
Repairs and
renewa15
Church Councll
243
P Davey
Church Council
Organlst fees
7,200
D Crocker
Layworker
2,661
D Crocker
Layworker
Salary
4,326
R Soper
Layworker
Expense5
56
Rsoper
LaywDrker
Salary
7,163
T Buddle
Church sieward
Donatlon
250
J Tredrea
Layworker
Expenses
156
IÈ
Total
23.109
ZOZ5
2024
Total amountof donalons received from Trustees Without conditions
42,225
29,516
Truro Methodist Church received a donation of £6,5(M)12024'. £7.5181 from it'5 wholly-owned subsidiary.
Sambells ITrurol Llmltèd. At the year Ènd, nll12024.. EI,0021 was duèfiom the subsldiary,

Truro Methodlst Church
21. P05t 8alance Sheet Events
Sinc8 the year end. the church has registered for VAT, as approved by HMRC on 15 S8ptember 2025,
due to planned commercial use of the Hub Building which will incur standard rat￿ VAT. Following the
VAT regi51ratlon, a paybad( Glalm wys subrnitted to reGover the Input VAT on the Hub bulld costs. whl¢h
amounts to £151.708.06. Entillernent lo the payback claim is deemed to Hrise at HMRC approval date of
the payback ¢laim request whi¢h was 23 Mar¢h 2026, and hence thls a non adjusting post balance
shè8t 8venl.
SillcEthe yparend,the total outlayon thè Hub capital project. whi¢h includes costs incurred on the buildinE
ontratt as well as arthiter¥ Strurturil englneer and 4uantitysurvÈyor fees, upto end of M3y2026 totals
£839,000.
20

Truro Methodist Church
No.. 12104
Declarations and Scrutiny
I confirffl thal these accruals-based account5 for the y88r to 31 August 2025 h8V8 been prepared frorn the records of the
Church and thal they include all funds under the control of the Church trLLStees.
Slgnature of treasurer.
ol
Name and address of treasurer
Post Code.
Tk.i. f
Presentatlon to the Church trustees
I confirrn that th8 annual r8POrt nd acwunts for the year ended 31 August 2025 were presented lo the meeting of the
Sign8tur8 of th8 Chair of th8 m88ting
Narne ofthe Chair of th8 me8ting
21

Auditor's Report to the Trustees of the
Truro Methodist Church
Charity Number: 1131902
Opinion
We have audited the financial statements of Truro Methodist Church (the 'charity'l for the year ended 31
AugLJ5t 2025 which comprise the Statement of linanclal activltie5, the balance sheet, the Statement of cash
flows and notes to the financial statements, including significant accounting PDlicies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable In the
UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Pr3ckncel.
In our opinion, the financial statements..
give a true and fair view Df the state of the charity's affairs as at 31 August 2025 and of Its
incoming resources and application of resources, including its income and expenditure. for the
year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice,. and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI11SAs IUKII and
applicable law. Our responsibilities under those standards are further described in the Auditor's
re5ponsibilitie5 for the audit of the financial statements section of our report. We are independent of the
charity in accordance with the ethical requirements that are relevant to our audit of the linancial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained 15 sufficient and appropriate to provide a ba515 for our opinion.
Con¢lusions relating to goin8 con¢ern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basi5 of
accounting in the preparation of the financial statements 15 appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events
or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue
as B going concern for 3 period of at least twelve months from when the financiBI 5tatement5 are
authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in
the relevant sections of this report.
Other information
The other information compri5e5 the information included in the annual report other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information
contained within the annual report. OLFr opinion on the financial statements does not cover the other
information and, except to the extent otherwise explicitly stated in our report, we do not express any form
of a55urance conclusion thereon. Our ￿spOnSIb￿lIty Is to read the other information and, in doing so,
consider whether the other information is materially incon515tent with the financial statements or our
knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we
identify such material intonsistencies or apparent rnaterial misstatements, we are required to determine
whether this gives rise to a material misstatement in the financial statements themselves. If, based on the
work we have performed, we conclude that there 15 a material mi55tatement of this other information. we
are required to report that fact.
We have nothing to report Fn thi5 regard.
22

Auditor's Report to the Trustèes of the
Truro Methodist Church
Charity Number: 1131902
Matters on whlch we are requlred to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts
and Reports) Regulations 2008 requires US to report to you if, in our opinion..
adequate accounting records have not been kept, or return5 adequate for our audit have not
been received from branches not visited by us,. or
the financial statements are not in agreement wlth the accounting records and returns,. or
certain disclosures of trustees, remuneration speclfied by law are not made,. or
we have not recelved 811 the information and explanations we require for our audit,. or
Responsibilities of trustees
As explained more fully in the statement of trLtstees' responsibilities, the trustees are responsible for the
preparation of the financial statement5 and for being satisfied that they give a true and fair view, and for
such internal control as the trustees determine is necessary to enable the preparation of tinancial
statements that are free from material misstatement, whether due to fraud or error. In preparing the
financial statements, the trustee5 are responsible for assessing the charity's ability to continue as a going
concern, disc105ing, as applicable, matters related to going concern and using the going concern basis of
accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do
so.
Auditor's responsibilities for the audlt of the financlal ststements
We have been appointed as auditor under section 144 of the Charities Art 2011 and report in accordance
with the Act and relevant regulations made or having effect thereunder.
Our objective5 are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or èrror, and to issue an auditor's report that
includes our opinion. Reasonable assurarbce is a high level of assufdnce but is not a guarantee that an audit
conducted in accordance with ISAS IUKI will always detect a material misstatemÈnt when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.
The extent to which our procedures are capable of detecting irregularities, includlng fraud, 15 detalled
below.
The objectives of our audit, in respect to fraud, are.. to identify and assess the risk5 of material
misstatement of the financial statements due to fraud,. to obtain sufficient appropriate audit evidence
regarding the assessed risk5 of material misstatement due to fraud, through designing and implementing
approprlate re5pon5es,' and to respond appropriately to fraud or susperted fraud identified during the
audit. However, the primary responsibility for the prevention and detectton of fraud rests wlth both those
charged with governance of the entity and its management.
Our approach was a5 follows..
We identified areas of laws and regulations that could reasonably be expected to have a
material effert on the linancial statements from our general sector experience, and through
discu55ion with the Trustees and other management las required by auditing standards), and
discussed with the Trustees and other management the policies and procedures regardlng
compliance with laws and regulations,.
We considered the legal and regulatory framework5 direttly applicable to the financial
statements reporting framework (FR5 102 and the Companies Act 20061 and the relevant tax
compliance regulations in the UK,.
23

Auditor's Report to the Trustees of the
Truro Methodist Church
Charity Number: 1131902
We considered the nature of the industry, the control environment and busines5 performance,
including the key drivers for management's remuneration,.
We communicated identified law5 and regulations throughout our team and remained alert to
any indications of non-compliance throughout the audit,.
We considered the procedures Bnd contro15 that the company ha5 e5tabli5hed to address risk5
Identified, or that otherwSse prevent, deter and detect fraud- and how senior management
monitors those progr3mme5 and controls.
We assessed the risks of material misstatement in respect of fraud as follows..
We made enquirie5 of the trustees and management in relation to any non-compliance of laws
and regulations, potential litigation and claims or any knowledge of actual, suspected or alleged
fraud.
We considered the risk of fraud through management override of controls.
We considered the risk of fraud through revenue recognition.
We considered the risk of fraud through the measurement of fixed asset5..
Based on thls under5tandlng we deslgned our audlt procedures to identtfy non-compllance wlth such laws
and regLJlations. Where the risk was considered to be higher, we performed audit procedures to address
each identified fraud risk. These procedures included..
Legal fees were reviewed to identify any potential non-compliance of laws and regulations.
We reviewed the minutes of trustee meetings to identify matters relevant to our audit.
We reviewed material manual journal entrie5 for evidence of management override or fraud.
We tested specific instances of income for the correct application of the revenue recoEnition
rules.
We 5crutinised the trustee5' accounting policies in relation to the recognition and
measurement of fixed assets, in parkncular the church buildings.
A further description of our responsibilities is available on the Financial Reporting Council'5 webslte at..
https'.//www.frc.org.uklauditor5responsibilitiÈs. Thi5 description forms part of our auditor's report.
Owlng to the Inherent limitstions of an audit, there is an unavoidable risk that we may not have detected
some material misstatements in the financial statements, even though we have properly planned and
performed our audit in accordance with auditing standards. For example. the further removed non-
compliance with laws and regulations lirregularitiesl is from the events and transaction5 reflected in the
fi'nancial statements, the less likely the inherently limited procedures ￿qUired by auditing standards would
identify it. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud
involves intentional concealment, forgery, collusion, omission or misrepresentation. We are not responsible
for preventing non-compliance and cannot be expected to detect non-compliance with all13WS and
regulations
Other matters
The financial statements for the year ended 31 August 2024 were not audited as the charity met the
requirements for an audit for the first time for the year ended 31 August 2025.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charities
IAccounts and Reports) Regulations 2008. Our audit work ha5 been undertaken 50 that we might state to
the charity's trustees those matters we are required to state to them in an auditor's report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the charity and the charity's trustee5 a5 a body, for our audit work, for this report, or for the opinions
we have formed.
24

Auditor's Report to the Trustees of the
Truro Methodist Church
Charity Number: 1131902
James Pearce1Senior Ststutory Auditor)
for and on behalf of TC Group
Chartered Accountants
Statutory Auditor5
Vivian House
Newham Road
Truro
TRI 2DP
Date..
25