Trustees’ Annual Report
For the year ended 31 December 2024
1. Administrative Information
The Parochial Church Council (PCC) of St Illogan is a charity operating within the Diocese of Truro, serving the communities of St Illogan, Trevenson, and St Mary’s Portreath.
The PCC is registered with the Charity Commission and operates under the Parochial Church Councils (Powers) Measure 1956.
Correspondence address:
Parish administrator c/o , The Rectory, Robartes Terrace, Illogan, Redruth, TR16 4RX
Bankers: NatWest 54-30-37
Independent Examiner: Sarah Heath
Incumbent: The Revd Dr Mark Balfour (appointed August 2024)
PCC Members who served during the year:
- Revd Mark Balfour (Chair, from August 2024) - churchwardens Frank Baker and Jim Dennis
Treasurer John Sansom
Secretary Geoff Williams
deanery synod reps Martin Adams and Richard Card
members
Steve Uterhark Dawn Dash Bob Dash Monika Wilkes Andrew Negus Deputy warden Pat Sedgmen Linda Williams Martin Edwards Ben Jones James Smith PCC Lay Chair Peter Lee Deputy Warden
Jane Brown Helen Jones Safeguarding Officer David Woodhouse Deputy Warden Michael Chappell Jill Adams Ann Morse Chris Morse
2. Structure, Governance, and Management
The PCC is an elected body of trustees responsible for the overall governance and financial management of the parish. Members are elected at the Annual Parochial Church Meeting in accordance with the Church Representation Rules.
The PCC meets regularly throughout the year, with additional meetings of the Ministry Team and Standing Committee held as required. Subcommittees oversee specific areas such as worship, mission and outreach, children and youth work, finance, buildings, and pastoral care.
All new PCC members are briefed on their responsibilities as trustees and on the policies and procedures of the Church of England and the Diocese of Truro.
3. Objectives and Activities
The PCC’s objective is to promote the whole mission of the Church — pastoral, evangelistic, social, and ecumenical — within the parish and beyond.
Key aims for 2024 included:
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Regular public worship and pastoral care across the three churches.
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Nurturing discipleship through prayer, Bible study, and fellowship.
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Encouraging children, young people, and families to engage in church life.
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Supporting local and international mission partners.
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Caring for creation through sustainable churchyard management and community
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engagement.
Public benefit is demonstrated through the provision of Christian worship, community support, and charitable giving, in accordance with the PCC’s charitable objectives.
4. Achievements and Performance
Worship and Ministry
Regular Sunday services and midweek prayer continued across all three churches. Special services for Harvest, Remembrance, Christingle, and Christmas were well attended. The PCC was delighted to welcome The Revd Mark Balfour as Rector in August 2024.
Discipleship and Fellowship
Fortnightly Bible study groups and regular prayer meetings nurtured faith and community among members.
Children, Families, and Youth
Weekly children’s and youth activities were held, alongside Parent and Toddler Groups at St Illogan and St Mary’s Portreath. Messy Church met monthly and remains a popular and creative way for families to explore faith. Local schools have had “Open the Book “and classroom visits by invitation. There have also been school visits to all three churches.
Pastoral Care
The Pastoral Team provided visiting and support across all three churches, particularly to the elderly and housebound. ‘
Mission and Outreach
The parish is actively exploring how to increase its own mission and outreach in the local area.
The parish maintained active links with:
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Church Mission Society (CMS) -Street Kids Direct- London City Mission (LCM)
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CPR Foodbank (Camborne, Pool, Redruth
Creation Care and Community Engagement
The parish continued its Creation Care work, including educational activities with local schools and the Green Churchyard Initiative.
Governance and Collaboration
The PCC met regularly to review mission priorities, finances, and fabric matters, and Ministry Team meetings coordinated worship and outreach.
5. Financial Review
The PCC continued to manage its finances prudently during 2024, ensuring resources were used effectively in support of ministry and mission. This was helped by deanery distribution of LICF
Financial Summary:
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Total Income: £108,382
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Total Expenditure: £97765
6. Reserves Policy
The PCC aims to maintain reserves sufficient to cover approximately three months of normal operating expenditure, to provide a buffer against unforeseen costs and fluctuations in income.
7. Plans for the Future
In 2025 the PCC intends to:
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Develop a parish-wide mission and discipleship culture under the leadership of Revd Mark Balfour.
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improve internal and external communications, including use of email bulletins, website and social media
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Strengthen youth and children’s work and family engagement in worship.
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Continue Creation Care initiatives and community partnerships.
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Explore opportunities for building improvements and accessibility.
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Deepen relationships with mission partners , schools and the wider community.
8. Statement of Trustees’ Responsibilities
The members of the PCC are responsible for preparing the Trustees’ Annual Report and Financial Statements in accordance with applicable law and the Church Accounting Regulations.
The PCC is responsible for keeping accounting records, safeguarding the assets of the parish, and ensuring that funds are applied in accordance with charitable purposes.
Approved by the Parochial Church Council on 14 October 2025 and signed on its behalf by:
The Revd Mark Balfour, Rector and Chair of the PCC
Ben Jones PCC Secretary
Parochial Church Council of SL Illogan Statsment of financial activities For the yw •ndlng 31st De¢ombor 2024 Unrestricted Funds R8$tricted Funds TOTAL FUNDS 2024 2023 Note INCOMING RESOURCES Donations and Leg8cie8 Other Trading Activitie$ Investment8 2(8) 2(b) 2(c) 2(d) 2(8) 63694 4386 68080 89843 16592 2356 18948 18442 6634 15 e649 3629 Income from charitable activities Other Income TOTAL INCOMING RESOURCES 12436 2269 14705 9828 99356 9026 108382 121742 RESOURCES EXPENDED Church activtti88 3{8) 31b) 3(c) 88199 3037 91236 489 82469 Fund-raising trading c08t8 Major repairs and development St8ff costs 489 2251 4617 31094 1423 92477 1423 TOTAL RESOURCES EXPENDED 5288 97765 114454 TRANSFER BETWEEN FUNDS 27515 27515 -27515 -8728 -18787 NET MOVEMENT IN FUNDS -1871 118787 11A17 5740 Gainsl losses on Investment Assets Revaluation of fixed assets BALANCES BIFWD 1st January 120680 51885 172565 166825 BALANCES CIFWD 31st DECEMBER 118809 17(E72 183182 172565 Page 1
PCC of St. Illogan Balance Sheet (Church of England) AS of . 31st December 2024 Note T¢)t•l Funds Prh)r Y•ar 1587 10169 11758 Hx•d ••Mt• Invoslments 10169 10169 Curr•nt a•••ts Cash al bank and in hand 177266 177286 166547 166547 Ll4bllltl•• Amounts fallfftg due in one year 4253 173013 5738 180809 Curront l•s* ¢urr•nt Ilabllltl•s Total •s••ts t••• ourr•nt Ilabllltl•• 183182 172565 R•pr•••nt•d by Unrn8trl¢tsd G&neral fund 81. Mary's Hall 2035 3259 7037 O••lgnat•d Trevenson heating and rwwiring project F. K•ast legacy Trovanson H411 FID Disaploship Fund Youth Missions PCC Ros•rve M. Ashton Legacy Revaluation of reserv8s In¥eslmeftt Truro DBF Illogan choSr Audiovisual Fund Organ Fund Illogan Churchyard Fund Illogan Fabric Fund Pi)rtr8ath Fabric Find Trevnson Fabfic Fund Churthyard paths 33991 9337 142 33106 13003 5937 7935 38209 7542 142 33501 5933 7935 456 8728 9412 28781 1172 2187 24252 22213 189 172566 Fund• of th• church 183182 Approved by the Parothial Church Council on (PCC Chaimwn) 27 11 1 2025 andsignedon its behalf by Signed b jll& The notes on pages 3 ar 4 form part of these accounts Page 2
Note8 to the flnanclal Statements For the year ended 31 Decemb•r 2024 NTIN LICI The flnancial statements have been prepared In accordance wth the Icnurch Accounllng Regulallon8 2006 tO9ethgr with applicate accounting standards and the SORP 2005. The financial ststements have been prepared under the historical cost convention except for the valualion of nvestment assets, which are shown at market value. The financial statements include all tran8action8, assets and Habllltles for vthlch the PCC18 responslble in law. Th8y Iyo not Indude the acrA)unts 01 church groups that owe their main affiliats'on to arther body, nor those that are infonn81 gatherings of Chur¢h members. Funds Endowment fund8 are funds. the capttal of which must be maintained. only income ari8ing from Investment of the endowment may be used either as restricted or unrestricted funds deperKling up(M the pury)ose for whth the endowment was established. RestrÉcied funds represent (a) income from trusts or endowments, whh may be expended onty on rostrlcted objects provlded In the temi8 ol the trust or beque8t, and {b> donations or grants received for a 8pecffic object or invited by the PCC for a specific object. The funds may only be expended on the SF)8cific object for which th&y were given, Any balance remaining unspent at the end of e8ch year must be carried forward as a balance on that fvnd. The PCC does not usually invest separately for each fund. Where there Is no separate investment, interest is 8PPOrtioned to indlvidual funds on an average balanc8 basls. Unrestricted funds are general funds that can be used for PCC ordinary purposes. In¢omlng re80urces Planned olving, colledions and donatlons are recognised ffien recelved. Tax refunds ar8 cOgniSed when the incoming resource to wlich they re18te is received. Grants and bgacies are accounted for when the PCC18 legally entitled to the amounts due. Dividends are accounted for when recelvable. Interest 18 accNed. All other Income Is recognised when rt Is r8c6lvable. All incomlng r8sources are accounted for gross. Resources •xpended Grant8 and donats'ons are accounted for when paid over, or when awarded, rf that award creates a binding or constructlv8 obllgation on the PCC. The dloc8san partsh Share Is accounted for wh6n due. Amounts recelved speofically for mi88ion are deatt with as restricted fund8. All other expenditiJr• 18 ganarally recognised when it is incurred aThd is accounted for gross. Flx•d a•••ts Cons8cr8ted and benefice propety is not included in the accounts in 8ccordance wlth s,96(2)(a) of the Charities Act 1993. Movable church fumishings held by the vicar and churchwardens on spedal trust for the PCC and which require a faculty for disposal are Inalienab property, listed in the church's Inventory, which can be inspect8d (at any reasonable time). For anything acquired prior to 2005 there is insuffiu'ent cost infrJrnation availabl& and therefore such assets are not Valued in the financial statements. Equipment used wlthln the church premlses Is depredated on a straight41ne basis over four years. Indlvidual Items of 8quipment with a purchase price of £750 or less are written off thg a8set18 aUIred. Investments are valued at market value at 31 December. Page3
INCOAIING RESOURCES
TOTAL FUNDS
2024
2023
Fu[S
Funds
2(a} VOluFry Income
Gift AAd
Other planned gmng
C•8h eolltcttons 8t sthc80
Donaons, appeal$, otc,
LwJcl&s
Tax rec£verBble
Olher wicoming rosour¢e¥
Grants non4ecunlng
29870
5286
407
3Q77
5286
13128
1581
2489
11818
3522
35596
5370
12225
2181
17456
11880
377
59
1025
2469
75
350
11741
31n
88079
8W28
2(b) Aclvi1108 for gemraliw fund8
Sp8LiBI apwals
Fund-ralry (coffoo Mor# •tc.)
Chtwch hau WbngHnagazine•tc
13
Z343
13
3018
15917
18948
675
4292
14148
18592
2(c) Inct)m• from Inve•lm¢nts
Obldends and Inleresl
15
2(d) Income from church acbmlieg
StAtutory feos
2737
11987
12435
14704
2<6)
Total In¢omlng rnsourc
108380
121824
RE80URCE8 EXPENDED
3(0) Churth
onary and ¢ttarftsble gMrvJ
ocesan parlsh ghare
Expenses (Clergy etc.)
Trknion arml evangel*m co¥t8
Chur¢h runnlng w8n8•8
Churchyard upkeep
Chufch UYIMY t4118
Costs of Trading IMag8zlne, Halls gtc.)
500
48000
48000
182
378
18379
3887
5203
11118
81005
505
14622
3202
7091
12979
87583
185
7091
12979
84548
3037
3037
3
Examiners/ audit report for PCC Parish of St Illogan still awaited as of 14/10/25
Independent examiner’s report to the PCC of St. Illogan
This report on the financial statements of the PCC for the year ended 31st December 2024, which are set out on pages 1 and 2, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (‘the regulations’) and s.43 of the Charities Act 1993 (the act)
Respective responsibilities of the PCC and the examiner
As members of the PCC you are responsible for the preparation of the financial statements; you consider that the audit requirement of the regulations and s.43(2) of the act does not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the regulations.
Basis of this report
My examination was carried out in accordance with the General Directions given by the Charity Commission under s.43(7)(b) of the act and to be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirement
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to keep accounting records in accordance with section 41 of the Act; and
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to prepare financial statements, which accord with accounting records and comply with the requirements of the Act and the Regulations have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed
Name Sarah Heath (Nero Accountancy) Address 27 Boskenna Road Four Lanes Redruth TR16 6LS
Date 18th February 26