ST AUSTELL MEfHODIST CIRCUIT
R¥isiefed Charity r40. 1141n2
Trustees, Annual Report: I September 2024- 31 August 2025
sTrucfuRE. GOVERNANCE AND MANAGEMENT
Charlty name
St Austell Methodist Qrcuit
Reilstered charlty number.
1141712
Strurture:
The St Austell Qrcuit is part of the SW Peninsula methOd￿t D￿trICt which was formed by the merger of
the old Cornwall & IOS and Plymouth & Exeter Districts and is accountable to the Metho¢Jist Conference.
The Cirojit funttions in accordance wtth the Constitution, Practice and Discipline ICPDI of the Methodist
Church, known often as the Connexion.
Names of the charfty trustees:
The numberof trustees flurtuate5 during the yeardependingon thanges in offite holders in the chapels
and Circutt. There was an avernge of 75 tfUStees listed on the Charity Commission website durlng this
year. They are appointed by local churches and existing trustees,. Ministers are automatically trustees.
In accordance with the CPD of the Methodist Church, the ChaSr was Rev Paul Benney. the
Superintendenl Minister of the Grcuit. who came to the Cirtuit on I September 2021.
Names and addressd of advisers:
Le8al- previous￿ Stephens Scown. Osprey House, Malpas Road. Truro TRI IUT, but now legal advice
comes from Anthony Collins & Co. one of the fimis recommended by Trustees for Methodist Church
Purposes to be used by Circuits.
Financial- Phillips Frith, 9 Tregame Terrace, Si Austell PL25 4DD
Independent Examiner- Amy Sole FCA of Phillips Frith LLP
Investment Bankers~ Trustees for Methodist Church Purposes
Estate Agents- May Whetter & Grose. Ba￿V￿¥ House. St Austell Enterprise Part Trvlerbyn Road,
Carclaie, St Austell PL25 4EI
Description of the d￿1￿￿$ trusts:
Type of governing document: Oeed of Union119321 and Methodist Church Act119761
Management:
Circuit trustees meet four times each year (the Clrojit Meetin81, and a Circuit Leadership Team ICLT)
consistingofthe Circuit stewards and Staff meets between thetrustee meetin8s. There is also a Propertv
Committee, which oversees the management of property in the Circutt. and is responsible to the CLT
and Circuit Meetin& The day to day management of the fjrcuit is undertaken by the CLT.
Clrtult Administratilr:
Tracey Collins. High Beech. 2 St Giles Drive, Gonvena. Wadebrid8e, PL27 6DS. took over the
administration of the Clrcuit in September 2025 due to the serious illness of the long-standin8
administrator, Debbie Eade, 7 Eastbourne Road, St Austell PL25 4SL Sadty. Debbie died in December
2025, so Tracey remains in post until August 2026
Indurtlonrrrainini:
A range of Buidance is produced ty Methodist Connexion and provided as requi￿d. The leaflet Yhe
Role of a Trustee in The Methodist Church, has been given toeach trustee. All trustees who are required

have undertaken Creatingsafer Space Foundation Module training, and many have done the Leadership
module. This training is ongoing. Manytrustees have aLso undergone DBSchecks for workthey do within
the churches of the fjrcuit.
Rlsks:
A fomial risk assessment for the Circurt has not been undertaken, as the Circuft operates as part of the
legal structure of the Methodist Church of Great Britain. Any specific risks are considered by the CLT.
who take professional advi￿ as ￿quIred.
Safeguardlng:
Every person has a value and dignrty which comes directlyfrom the creation of male and female in God's
own image and likeness. Christians see this potential as fu￿111ed by God's re<reation of us in Christ.
Among other things this implies a duty to value all people as bearing the image of God and therefore to
protect them from harm.
"Methodist Connexional practice outlines commitment to the following principSes-
the care and nurture of. and respecrful pastoral ministry with, all children, young people and
adults
the safeguaftling and protection of all children. young people and adults when they are
vulnerable
the establishing of safe Caring communfties which provide a loving environment where there is
informed Vigilan￿ as to the dangers of abuse
we will Careful￿ selett and train all those with any responsibility within the church, in line with
safer ￿CruItMent principles, including the use of criminal records. disclosu￿5 and registration
with the relevant vetting and barring schemes
we will respond without delay to every complaint made which SLtggests that an adult, child or
voung person may have been harmed. Co-operating with the police and local authority in any
investigation
we will seek to workwith anyonewho has suffered atmjse, developing with them an appropriate
ministry of infom)ed pastoral care
we will seek to challenge any abuse of power. especially by anyone in a p)sition of trust
we will seek io offer pastoral care and support. includin8 supeNision and referral to the proper
authorities. to any member of our church community known to have offended against a child.
voung person or vulnerable adult
in all these principles we will follow legislation, guidance and recognised good practi¢e.-
The St Austell Methodist Circutt commits itself to ensuring the implementation of Connexional
Safeguarding Policy. 8ovemment legislat￿n. guidance and safe prartice in the Circuit and in the
churches.
The St Au5tell Methodist Grojit commits itself to the provtsion of support, advlce and training for lav
an(i ordained people that will ensure people are clear and confident about their roles and
responsibilities in safeguardin8 and promoting the welfare of children and adults who may be
vulnerable.
OBJECTIVES AND A￿1V[rIEs
Summary ofthe objects ofthe fharlty set out in its 8overnlng document:
The purposes of the Methodist Church are and shall be deemed to have been sinte the Date of Union
the advancement of:

al The Christian faith in accordance with the d¢)ttrinal standards and discipline of The Methodist Church;
bl Any charitable purpose for the time being of any Connexional, District. Circuit, l¢xal or other
organisation of The Methodist Church-
cl Any charitable puryN)se for the time being of any society or institution subsidiary or ancillary to The
Methodist Churth:
dl Any purpose for the time being of any charity being a chartty subsidiary or ancillary to The Methodist
Church.
Summary of the main xtivities undertaken torthe public benefrt in relati¢)n to these objects:
The trustses have had regard to the guidance issued by the Charrty Commission on public benefit.
The Circuit produces a quarterly preaching plan to ensure regular acts of worship take pla￿ at each
of the 19 Methodist Churches in Fts geographical area and these a￿ open to all.
The Circuit is also direct￿ invofved with leading worship at the Age UK Day care Centre and other
venues as invited. These include conducting numerous funeral seivices at local crematoria as well
as at churches, baptisms and weddings. The Pastoral Assistants visit care homes and people In their
own homes to provide care, support and assistan￿ in the name of the Church.
The Children and Families workers provide activtties for large numberof children and young people
across the Circuit on both weekdays and Sundays.
ACHIEVEMENTS AND PERFORMANCE
al Circuit Policy Document- a Circuit mission statement and mission strategy began operating in
2013, and many local churches revised their strategy to bring it into line with that of the Circuit.
The strategy has brought a better financial balance to the Circuit, and enabled the appointment.
of a number of lay workers- pastoral assistants and a new Children and Families Worker in July
2022. and in 2025. A review of the Cirtutt Mission Statement and Strategy was carried out
following the pandemic, and a Vision Oay was held on l March 2025 at Fraddon. Almost 80
people from around the Circurt attended and unanimousty agreed that due to ageing
congregations and diminishing numbers, radical changes need to be made in the Circuit. The
Circuit trustees set up a number of Task Groups who were to report back to the trustees in the
autumn and winter of 2025, beyond the scope of this report
bl Arising from that strategy some societies have taken the opportunity to combine their serVi￿S
and alternate their Sunday worship. St John's and Trinity T￿wOOn formally agreed to join their
two societies together in 2021 an(l. although both church buildings remain open, the society is
now known as St John's with Trinity Trewoon Methodist Church. The same has happened at
Gunwen and Stenalees- and Nanpean and Whitemoor.
¢1 Total adult attendantes at the main services on Sundays have not been recorded since the
lockdowns of Covid 19. It is becorning more complex to do so. given the larger number of joint
services taking place across the Circuit. Recent membership statistics have shown a further
decline, giving impetus to another Circuit Vis40n/Action Day in 2026 aimed at deciding on new
ways forward for the Circutt
dl The renovation work to the hall at 8u8le has i*en completed, as has smaller renovation sthemes
at Stenalees and Nanpean.
el Renovation work at Tywardreath. including the roof, is now complete.
Churches in the Circuit work wfth various ecumenical groups such as Churches Together in St
Austell, Par. Mevagissey. Roche and St Dennis.
gl Work wf(h children and young people has increased with the return of holiday dubs, Youth Club
at Bethel. Messy Church. Le80 Church and Open the Book groups.

Sertlon E Flnanclal Re¥lew
FINANCIAL REVIEW
See "Annual Accounts and Reserves Policy 2024-5" on following pages.
The Cirojit Leadership Team has drawn up a Set of recommendations, which have been accepted by the
Circuit Meetin& to ensure grants made from the Circuit Model Trust Fund are used effectively for
mlssion and capital works. Grants and loans amounting to approximately £8.20512024= £28.6681 were
approved for 5UPPOrting the staff antl churches in the Circutt with property schemes. Also £50,532 was
paid to the District and Connexion in the forni of assessments and levy12024'. £50,308). The chur¢he5
of the Circuit hold other trust fund5.
Brief statement of the charitys polity on reserves:
The ReseNes Policy for the St Austell Circuit is to hold a sum equNalent to 6 months, average
expenditure. This should be sufficient to meet any unforeseen item of major eXpend[tU￿ on manses
andlor to be able to continue in the short temi. funding ptanned activities in the event of the closure of
large church or an inability to raise the full fjrcuit Assessment from churches. As part of our foNard
plannin& expenditure forecasts are prepared looking 2 yeats ahead. It ￿ ne￿$sary to hold sufficient
working cèpi(al to enable the quarteth payment of stipends and business expenses for 2 ministers and
various lay staff. and our contribution to the Dt5trict. Forfurtherdetails see the folkjwing Annual Report
and Reserves Policy.
Detai15 of any funds materially In deficit: There a￿ none.

ANNUAL ACCOUNTS AND RESERVES POUCY 2024-25
This document includes all fvnds hehd by the Circuit Meeting as trustees of the St Austell Methodist
Circuit chartty, charity number 1141712.
l. Aims
The aim of the Circuit is twofold:
l. To secure the Circuit's viability and fijtu￿ work
2. To give ￿a$SUranCe to the general public that the Circuit intends to use all of its resou￿5 for
the purpose of the Chartty
2. Mission Policy
The Circuit's Mission Statement is set out in a document accepted by the fjrcuit Meeting in March 2019,
accompanied by a Circuit Mission Strategy. currently under review. Essentialty it provides for-
al Ministerial oversight and pastoral care of the 19 churches in the Circuit
bl the support of a Ministry team of 2 presbyter Ministers and 5 part-time lay workers
cl the maintenance of 5 Circuit manses
3. Financial Revlew
a) Unrestrirted income
The Circuit assessment is reviewed annualty and is intended to ¢over the cost of the policy above; the
assessment is based on proportionate church membership and attendance. Total general fund
unrestricted incoming resources totalled £270.54612024= £227,394) and outgoings totalling £260,946
12024: £236,860), with a surplu5 over the year of £9.6CM)12024: £9.466 defecitl.
We normalty make provision for our property maintenance programme by designating up to £10,000
per annum.
The Circuit funds lunrestricted general fund51 balance at 31 August 2025 was £1,122.863 12024..
£1,102,781). Almost all of the balance is the value of the manses.
Under Standing Orders, the Circutt must meet its financial obligation5 in relation to the support of its
Ministers and the maintenance of its manses, the total cost of these Obl￿atIonS last year was £124.214
12024- £98,803).
The independently examined Standard Fomi of Accounts, the statement of account for the Circuit and
the Children's Work account are available for in5pertion at the Circuft Meetings and at any other time
by appointment.

bl The Clrcult Trust Fund
The Circuit Trust Fund IcfF - fomierty known as the Advance Fundl No. 9941 is the main fund with a
balance at the year-end of £155.94712024- £181,139). The reserve fund 19941AI held £431 12024..
£4131.
This fLEnd derNes from the sale of chapels and manses and is restricied by Conference. This restriction
Is an internal regulation atthough the fund can be used for a variety of purposes.
The Circuit also holds other trust funds which amounted to £74,81612024- £71,7451 at the year-end.
The total of all the trust furKls was £231.19412024: £253,297)-
The Charity Commission has agreed that it ￿ appropriate for the Trustees to set a policy for the
management of the CTF, and this is currently to be held as a general contingency reserve. in lieu of any
current large sum commttments.
The reports and reserves policy was agreed by the St Austell Methodist Circuit Trustees meeting on 12
March 2025
Signed.-
Rev Paul Benney, Chair
On behaff of the St Austell Methodist Circuit

StAustell Methoijist Circuit
Clfcuit No. 1141712
Statsment of Flnanclal Actlvltleg (SOFA) fw the y•ar •nd•d 31 August 2025
Clrcull Mod
G•n•rnl lund
Trust
Nots• lunrnstrkt¢dl {un(•stri¢WI
Restrictod
Funds
Total 202+25
Inmmo
DonatKJns and
Incorne from monetary inveskne
Assessmenls on Churches
Grants receNed
Caprtal receipts
Other charrtable In￿
6.274
654
197,602
5.520
550
6,824
11,499
197,602
S,S20
10,845
51.016
$2,822
Totsl Income
261,(
10,84S
2.356
274,267
Expendlture
Grants and don*ws
Salaries and associated stipend eosls
Propety maintenance and rental expw
Connexional assessment and mc*Jel trust
levy
District assessment and leyy
Depreciation
Off￿¢ expenses
Redundant chapel cost5
Other OIrtg￿ngS
8.20S
131.138
23.371
8,205
131.138
23,371
40.414
10.118
46,971
10,118
12
3.116
2.051
33,OS3
3,116
2,051
36,727
10
823
2.851
Total charilable oxwndityr•
251,4e
2.851
261,697
Net inCom￿(eXpendItufeI t*ftYe jmwl
gainsAosses
3.465
{495)
12,570
Gainslllossesl on monetary in¥eslrne
Nel gains on propety disposats
Not Inct)mel{exwndlture)
3.474
{495)
12,579
RaclassifKat￿ offunds
10,482
10.482
N•t movom8nt in funds
20,082
17,¢J)81
14951
12,579
Total funds brought fcwward
1,102,781
493.6S3
1,599.098
Total fvnds carrted fomard
1.122,863
2.169
1.611.677

StAustell Metho¢Jist Circuil
Circuit No. 1141712
Statement of Flanclal A¢tivltles (SOFA) for the year ended 31 August 2024
Circuit Model
General fund
Trust
Notes {unrestriGtedl (un￿Stricted)
Rostrfthd
Funds
Totsl 2023-24
Income
OonalKJns and legacies
Income from monetary invesknents
Assessments on Chu￿he$
Grants reeeived
Capital receipts
Other charitable income
5.551
707
1e6.822
3.1
6,551
14,236
166,822
3,300
112,678
53,351
13,529
2CIJ
112.678
51.214
2,137
Total income
227,394
126.207
3.337
356,938
Exponditurg
Grants and donations
Salaries and asse¢￿￿1 stipend costs
13.668
123.735
15.000
28,668
123.735
Propety maintenance and rental expenses
Connexional assessment arKI model trust
levy
District assessment and levy
Deprec£tion
Off￿e expenses
Redundant chapel costs
Other oulgoings
9.730
9.730
40.236
10.072
7.573
47,809
10.072
226
3.226
7.603
31.826
12
7,603
28.364
10
873
2.589
Total charitsble expendlture
236,860
23,446
2,589
262.895
Nel in¢omellexpenditurel before investment
g8inslio8ses
19.4&8)
102.761
94,043
Gainslllossesl on monetary investmenls
Nel gains on propety disposals
45,596
45,S98
Not incomellgxpgndilurnl
36.130
103,107
139,985
Reclassrficatv)n of funds
120.596
5.000
125.596
Net movomont in funds
184,4661
98,107
748
14,389
Total funds brought forward
1.187.247
395.546
1,916
1.584.709
Tolal funds carried forward
1,102.781
493.653
2.664
1.599.098

St Austell Methodist Circuit
Circuit No. 1141712
Balance sheet as at 31 August 2025
Circuit Model
General fund
Trust
Restrictsd
Notss lunrestricted) {unrestricted} Funds
Total 202S Totsl 2024
Fixed assets
Circurt manses and equipment
Investment
12
13
1.09S,109
265,436
4.830
1,360,545 1,335,799
4,830
4.821
Total fixed assets
1,0%.109
270,2E6
1,365,375 1,340,620
Current assets
Debtors
Investments wi(h TMCP
Central Finance Board Oeposils
Cash al bank and in hand
15
13
12,825
12,825
226,364
21,883
30.880
12.642
248.476
928
56,C67
21,883
28.711
2,169
Total current assets
63.419
226,364
2,169
291.952
318,113
Current Ilabilities
Ciedi(ors (due in under 1 year)
16
35.665
9.985
45,6SO
Tt)tsl current liabilities
35.&85
9,985
45.650
59,635
Net current assets
27,754
216.379
2,169
246,302
258,478
Net assets
1.122.863
486.645
2,169 1,611,677 1,599,098
Fund$ of the Circur(
General Fund lunreslriLXedl
Circuit Modal Trust Fund lunrestrictgdl
17
17
1.122.863
1,122.863 1,102,781
486.645
493,653
486.645
Total Unrestriclod Funds
Restricted Funds
1.122,863
486.645
1.609.508 1.596,434
2,169
2.664
18
2,169
Totsl Funds
1.122.863
486,645
2,169 1,611,677 1,599,098
Approved by the board of trustees on ....................... SwJned and authoris&J for issue on the..
Rev Paul Benney

St Austell Methodist Circuit
Circuit No. 1141712
Note5 to the accounts
18asls ol a¢countlng
The financK41 slalemgnls have be￿ prepared under the Charriies Act 2011 and in ￿ordanCe with the Accounting and
Reporting by Chari(ies'. Statement of RecommerKled Pra¢ts¢e aPpI￿able to chantw preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republ￿ of IreLand {FRS1021 {eff￿t1ve 1 January 20191-the
Charities SORP {FRS102} and taking Note of the Updale Bulletin 1 issuwj in 2016.
The financial sl*emenls have departed from the Charities {Accounls and Reports) RegulalK)ns 2CQ8 only to the extent
required to provide a true and fair v￿. This departure has involved f¢JknYing the Statement of R￿rnmended Pradice for
Charities apptying FRS 102 ralherthan the vetsh)n of the Statement of Recommended pr¥t1￿ which is referred to in the
Regulations but which ha$ Since been wrthdra￿.
The Circuit meets the definitKJn of a Publ￿ benefft enbty under FRS 102.
The Circuit ha$ taken advantage of the provisions in SORP for Chari1￿ app￿.n9 FRS 102 Update Bulletin 1 not to
prepare a Statement of Cash Fluw.
Based on the monetsry assets and human resources avaiLgble at the year erKI. the trustees cons#Jer that there are no
material uncertainltes about the Charitys abilty lo continue as a going coneem. The Charty remains operational, generating
increased income and retaining SLIff￿eftt funds.
The Circuit has denc¥n1nat￿ftal regulaw oversight in respect of the th of the churches within tho Circuit but has no legal
or opèrational control of those churches and their governing b)dies. For this reason, the financial statements of churches
thin the CI￿LIrt are not consolidated into Ihese statements.
2 Funds
The funds held constitute".
. General Funds held for any purpose of the Circuit vthich are unreStr￿ed.
. The Cifcytt Model Tnjsl Fund has wde purposes defined in Standing Ordets and is categorised as unrestricted.
. Restricted funds which are held for a narrower pu￿Se.
3 Accounting policies
Basls
These accounts have been prepared on the basis of historical c¢)st eX￿pt that investments are shlywn at their market value
at the end of the year. The accruals basis has been used and the trustees present accounts that SW a true and fair view of
the Circu￿$ financial F#)sition and athit*s.
The accounts a￿ expressed in £ Sterting. rountsS lo the nearesl POLind.
Incomlng Resources
Income is included in the Statement of Financial ACtsvI￿ (SOFA) kn the Circuf( becomes entitled to tho resources, anil
the Injstees are feasonably certain they will r￿￿e the resources.. and the monetary value can b8 meaSu￿d with sufficient
reliability.
In accordance with the Charities SORP IFRS 102}. the lime of volunteers is not recconised. If gcbjds are donated, a value will
shown in the SOFA or Notes where the value is considw&l matetial.
Resourcas Expended
This is rec<yJnised when a Ikability is incurred, or a conslrucbve oblwJab"on arises. th* resutts in the payment being
unavoidable. Liabilities are recognised as scon as an ouffisyw of ecorK)mic benefrt is consklered more likely than not under
the legal or con$lructNe obligation commitknng the Circuit to pay out ￿sourCeS.

St Austell Methodist Circuit
Circuit No. 1141712
Notes to the accounts Icontinuedl
Giants
Grants made by the Cifcuit from its ¢)wn funds are recognis&l in full al the time of agreement to make a grant without
performance condrtions or as and when the Circuit accepts that there is a le9￿ or operational obligation to make the
payment.
VAT
Since the Cireuit is not VAT regtstered. input VAT i8 chargoJ with the expenses lo whth rt refers.
Tangible fued assets for use by the Circuit
Tangib￿ fixed assets are caprtalised rf they can bg use(1 for MO￿ than one year. and ￿st at least £1,000.
The freehokl property is shown in the accovnts al deern￿ hLStorical cost represènting each propertls gr05s carying valug al
1 September 2015. No depreciation is provKled on the building because the InJ51ees consider the Current residual fair value
of the manse buildings lon the assumptN)n that (( had reached the end of rts useful econom￿ lrfe by the yearond) to be not
ss than its current value. Any depreCIat￿n y￿Uld not be mater￿. The propety has been reviewed for impairment.
Melhodisl property improvements represent signrfunt improvements lo church prOpert￿S funded by, bLrt not yet vested lo,
the Circuit as Managing Truslees. No depiecklt￿n is provid￿1 on the improvements as the project is not complete al the year
end.
Depreciation is provid￿ on fixtLEres, fittings and equipment at a rate of 25% on the rerjucing balance method, Calculat￿ lo
write off the cost over their expected econom￿ lrfe.
Investment Properties
From lime to time the Circurt may be required to assume resp(￿sIbIlity for church premises foll¢)wng closure and cessation of
worship. This results in the Circuit be¢￿ing Managing Twstees for the property. At that time the propety 1$ iecognised as
an asset al rts anticipated net Sale pri￿ as dete￿ined by a professional valuation and after taking into consideration the levy
to be charged by the Connexion. Any expendrbjre on such assets, rf held for reinvestment of the prc¢eeds, as the Iru5tees
detem)ine, that is likely to enhance sale value is caprtalised al the time the expenditu￿ is incurred. The onty property
reamining for investment prupJ5es was sold in the year (see Note 11 and Note 121.
Investments
The Circuit'$ investments are in monetary assets classrf*d as basic financial instruments under FRS 102. Investments are
valued in the balance sheet at market value at the year end. which are provided by TMCP. Investrnent income is included in
the accounts when receNable and any gains or tr)sses on revaluation at the year end are sh(ywn in Ihe SOFA. Al cash
balances are shown in cash and short term deposrts.
Debtors and Prepayments
Debtors are stated at the amounts cJ*ed to the Circuit or p￿paId. They mainty indude prepaid stipend$.
Financlal Instruments
The Circuf( only has financial assets and fin8net81 liabilities of a kind that qualrty as basic financial instruments. Basic financkql
instruments are inrtialty recognised at tranSaCt￿n value and Subsequent￿ measured at their settlement value.
Creditors
Cred(tots are initralty reccgni$ed * Sett￿ amwnt after any trade dise4)unts. Crediiors I￿l￿de both sundry expenses and
specrficalty the 1st quarter assessment ￿1ved in August for the fdlowing fina￿la1 year.
Pensions
The c1￿urt operates a defined contn"bution scheme forthe tenefft of its wnployees. ContribLrtions are charged to the
Statement of Financial ActiMbes in the period they a￿ payable.

StAustell Methodist Circuit
Circuit No. 1141712
4 Capltal receipts
Total
Total
CMTF Restricted 2024125 2023r24
General
Sale proceeds (Redundanl chapel)
CPF Levy on property sales
CPF Levy refund
125,596
126,2381
13,320
Total
112,678
5 Othèr ¢haritable Income
Total
Total
CMTF Restricted 2024r25 2023r24
General
Letting income
Liiurgical fees
Other income
50,220
783
13
50,220
783
1,819
49,920
1,280
2,151
1.806
Total
51,016
1.8C6
S2,822
53,351
6 Analysis of grant expenditure
Total
Total
CMTF Restricted 2024r25 2023124
General
L￿1 Methodist churehes
Church Mission Soaety
Donat￿n$
19,908
1.950
6.810
1,325
1,325
Total
8.205
8,205
28.668
Grants were made to bxal mel￿￿$t churches to help furKI the cost of repairs. equipment and training.
7 Stlpend and Salary costs
Staff costs paid during tho year were:
2024r25 2023r24
Gross wages, salaries and beneffts in kind
Pension costs
Other staff costs
Total staff costs
43.877
1,816
38.571
1.813
45,693
40.474
Average number of employees In the year were:
No employees receNed employee benefits of more than £60.LM)O.
Stipends were paid lo 21202Y24.' 21 Presb￿5 and anounbj to:
85,445
83.261
Total stlpends and salarlos
131,138 123,735

St Austell Methodist Circuit
Circuit No. 1141712
8 Payments to Trnstg9s
No12024." None) payments were made lo tnlslees for additKJnal Ser￿eS prov#Jed to the Circui( {manse and
propety steward, equipnent hir8, layhorker and consuhanl).
Trustee expenses
2024r25
2023r24
Number of trustees
Total amount
£ 13,895
£ 13.352
Expense payments primarity relate lo reimbursement for IT￿1. subsistence. postage. stalionory and steward's
expenses.
The ministers (who are Iru$tees} are paid stipeThJs and travel expenses at rates agreed annualty by the Methodist
Conference. Stipends were paid to ￿ ministers amounting lo £85.445 in the year12024.' £83,261 for
minislersl. Travel costs paid lo the ministers amounted lo £7.63412024.' £9,201). These are also included in the
amounts paid lo Trustees for expenses above. The Manses are provKled by the Circuit and the Circuit maintains
the property. Wrth the exception of the kt manses, the Circuit is resF4)nsible for payment of eouncil tax, utili(ie$,
water Charges and Insuran￿ lincluded in Ncrte 101.
Seven12024'. FNel Iruslees were pa￿ remuneration or have receNed other beneffts fr¢)m an employment wth the
charity. These payments have been made under authffj ofthe Charty Commission and can be summarised as
follows..
2024r25
Pension
2023r24
Amount
Pension
osls
Am¢)U
paid
Trustee
Reason for payment
rs C Thomlon
Mrs D Eade
Mrs K Reynolds
Mr$ J Petsing
Mr5 L Mitch811
Mrs J Massiah
Mrs C Field
Mrs C Baines
Laymrjrker
Layworker
Layworker
Lay*KJrkgr
Children's
Layworker
Child￿n.$ worker
Layworker
1,092
16,185
971
27
$05
15,362
7.687
7.393
6.145
915
458
8.416
6,474
8.416
2.730
1.984
43.757
1.667
38.571
1.813
The members do not take part in any discuss￿￿ ￿ the terms and conditions of their wnpl¢)yment. The members of
the CLT, who consists of the ministers, the ￿￿￿￿er$, Circuii administrator and the unpaid Circuil stewards are
considered as Key Management PeTh)nnel. The remuneration paKI to thwn has been disdosed in Note 7 above.

St Austell Methodist Circuit
Circuit No. 1141712
9 Fees for èxamlnatlon or audlt of the accounts
2024125 2023r24
lThJependent examinerfs or audrtorn. fees ￿ reporting on th8 accounts
Other fees leg.. thce, accountancy servKes} paid lo the independent exami
1.010
3,550
3.770
10 Other outgoings
Total
Restricted 2024125
Total
2023f24
Genernl
CMTF
Travel expenses
Manse insurance and utiliti'es
Quinquennial inspections
Resource Centre
Professional lees
Investment administration charye
Youth club
Other expenses
9.455
5.918
5,980
2,051
5.208
9.455
5,918
5.980
2.051
5.208
823
1.961
5.331
9,201
5,812
2,473
2,747
823
873
1,659
4,393
4,441
890
Total
33.053
823
2,851
36,727
31,826
11 Reclassification of funds
Circuit propèrty is a￿vayS carried in the General Fund but upon Sa￿ the net prc¢eeds ate processed through the Circui(
Model Trust Fund. This 18quire5 an adjustrnenl and any such sales during the year are reflected at the gross sale price Ile$$
selling wsls}. In the year ended 31st August 2024. the Trewscoe Chapel investsnent prwty was SOKI. This was the only
investment propety remainirvJ.

StAustell Methodist Circuit
Circuit No. 1141712
12 Tangible Fixed Assets
Methodist
Flxtures.
Frn•hold
Property
fittings and
Manses Improvements equlpment
Total
Cost or valuatlon
Balance brought fomard at 1st September 2024
Additions
Disposals
Balance carried forwa￿ at 31st August 2025
1.102.958
232,841
15.096
28.793 1.364.592
24.746
1.112.608
247.937
28,793 1,389.338
Accumulated dopr8ciation
Balance brought forward at 1st Seplwnber 2024
Depwiation charge for year
Ba￿nCe carried fofward al 31st August 2025
28,793
28,793
28,793
28,793
Net book value
Brought forward at 31 sl August 2024
Carried forward al 31st August 2025
1,102.958
1.112,608
232.841
247.937
1.335,799
1.360.S46
The comparable ¢arrying amount of the freehokj manses on an histori¢al cosl basis woukl be £719.013 at the yearénd
{2024. £709,363).
13 Investment assets
The funds that support the Cl￿rt Mc*Jel Trust Fund and the Manses Fund are hebj by TMCP in Trustees Interest Funds on
wh￿h interest is credf(ed lo the accounts e&h month. These are regarded as m&Jium and long tern investments.
TMCP is the legal owner and CustoSi8n Trustee of all methOd￿t Modd Trusl propety. incI￿ling Legacies, ErKlowmenls
and Aceumulated Fund$. Trust propety is hekl for and on behaff of I￿al Managing Trustees who are ￿SponSIb￿ for the
day to day management of trust prO￿rtY. TMCP ensure that, though pr¢)VKling guidance and acting under their directton.
the Managing Trustees Compty ￿th charity law and Methodist and policy as detemiined by the Methodist Conference.
Analysls of Investments
2024r25
2023r24
CFB Managed Mixed Fund * 31 August 2025
4,830
4.821
Trustees Interest Fund al 31 August 2025
226.364
248.476

StAustell Methodist Circuit
Circuit No. 1141712
14 Financial instruments
2024r25
2023124
Carrying amount of financial assets
InslnJmenl$ measured at fair value IhroLh3h the SOFA
231,194
253.297
Carrying amount of financial liabilities
Measure at amortised cost
824
1,889
15 Debto
2024r25
2023r24
Other debtors
Stipends
Total
225
12,417
12,642
12.772
12,825
16 Credltors
2024r25
2023r24
Trade creditors
Aceruals
Other credrtors
Defe￿ed income
Money du8 to Came Hill {CMn
Total
825
4.830
283
29.727
9,985
45,650
1.889
4,560
43,201
9,985
59,635
Deferred income
Balanc& at 1st Septembor 2024
Deferred in the year
Released in the year
Balance at 31st August 2025
43.201
29,727
43.201
29.727
Deferred income comprises of the 1st quarter ass8ssment received in August, whKh reLqtes to the year
ended 31st Augusl 2026.

St Austell Methodist Circuit
Circuit No. 1141712
18 Anatysis of rostrfcted funds at 31 August 2025
Restricted fund Opening Incoming Resources
c1￿1ng
name
balance resources 8xpgnded Transfers balance Purpose of the fund
Youth Fund
1,139
1,139 Oevekwment and implementation of
work with young peopk in the St
Auslell Circuit.
child￿n$Work
Fund
1,518
2.356
12.851)
1.023 Devek)pmenl and implementation of
worf( witti chiklren in the Sl Auslell
Circuit.
LP
3 1)evebpment and training of kxal
prexhers and worship leaders in
the St Austell Circu
Easter Musical
Account
4 ChJna1￿ns collected to pay forthe
Easter musical and prcceeds
donated to Chri$lian Aid.
Totals
2,3
2,851
2,169
Comparative anatysis ol unrestsl¢ted fun¢ts at31 August 2024
Restrlcted fund Opening Incoming Resources
Closing
name
balance resourcgs expended Trdnsfors ￿lanc9 Purpose of the lund
Youth Fund
1.139
1,139 D8vek)pmenl and impknientstion of
work with young people in the Sl
Austell Circuri.
Childrens Wo
Fund
770
3,337
12.589)
1.518 Devdopment and implementation of
work with Child￿ft in the St Auslell
Circuit.
LP
3 Development and training of local
preachers and worship Wers in
the Sl Au5tdl Circuit.
Easter MusKal
Account
4 Donat￿nS colleded to pay for the
Easter musical and proceeds
donated to Christsan Aid.
Totals
1,916
3.337
2.5891

StAusteLi Methodist Circuit
Circuit No. 1141712
17 Anatysls of unrestrict•d furmls at 31 August 2025
Unrestricted
fund name
Opening
balance
11￿0Mlng Resources
Gains
Closing
resource5 expended Trnnsfers {lossesl balance
Purpose of the fund
General fund
1,102,781
261.C66
1251,466)
10.482
1.122.863 For use in the furtherance of
the general obje¢tNes of the
Circuit
Cireuit Model
Trust Fund
493,653
10.845
{7.380) {10,482)
486,645 As above
Totals
1.596,434
271.911
258,846
1,609,508
Comparatlve analy￿5 of unrestrfctedfunds at31 August 2024
Unrestricted
fund name
Opening Incomlng Resourcgs
Gains
Closing
balance
resources expended Transfers (losses} balance
Purpose of tho fund
General fund
1,187,247
227,394
1236,8601 1120.5961 45.5￿ 1.102,781 For use in the furtherance of
the general oblo￿lVeS of the
Circuit
Circurt Mc*lel
Trust Fund
395.546
126.207
{23,446)
(5.(KKII
493,653 As above
Totals
1,582.793
3S3,601
260.3C6
125.596
45,942 1.596,434

StAustell Methodist Circuit
Circuit No. 1141712
19 Capltal commltments and continggnt liabilities
Al 31 August 2025 there were no capital commitments Orc￿tingent liatiltties.
20 0￿ratIng lease commitments
At 31 August 2025. the Circuit had outstanding cx)mmitments fOrfUlu￿ minimum lease payments under non-
¢ancellable cperating leases amounting to £2.￿ until June 2028 {2024.' £3,595).
The totsl lease payTnents induded in the expenses ￿Ere £95912024.. £959).
21 Voluntary contrlbutions
The Circuit is hea￿￿ reliant on volunteers who contribute their skills and kn.me in the furtherance of the work of the
Circuit. The principal contributhJn is by serving on committees of the C1￿U(( that deal wth mission. manses, finance,
grants and safeguarding. We are grateful to all of them for their help and commrtment. No attempt has been made
by Ihts Circuit lo value the non-monetary contn'bubons to the Circuié in mcffietary lemis.
22 Related party transactions
There were no related paty tran￿E￿S in 2024r25 or in 2023r24.