CHAPEL STREET METHODIST CHURCH PENZANCE istered Charitv No.] 1470?5 TRUSTEES AMWAL REPORT FOR THE YEAR ENDED 31st AUGUST 2023 The address of the charity is ChaEKI Street MettKMJASt Church. VounderyouT Lane, Penzance. TR18 48E Trnstees serying during the y￿r￿¢ Pa8e I lof31 Rosalind James (S¢crew} Rey. Ralph Ward (chair) Margaret Baker Johll Bennetts {stewaTd) Mary Betjnetts Sandrn Cox Patsl Gray (up to 9th July 202)) Anne Grdy (up to P July 202J) Mavis B0￿cher (up to 9th July 2023) Maurice Holland (steward) Kate Poole Julic R¢ed (fro￿ P July 202)) Gavin P￿le Tony Jasper DO￿en Hocking (stew'ard) Margaret Richards (sieward) Paul Symons {a¢ting twurer to Febn]ary 2023) Nicky OsiKyme (from W July 2023) Margarei Varlow Steve Canning Lisa tave¥Hter (tr¢asurer from Febnwy 2023} Kevin Wild (from 9th July 2023) The ￿tse for the time IKing ofany connex10t￿, districc cirtuil local or any other organisation of the Methodist Chuwh; (c) any ¢haritsble p￿r￿se for th¢ time tKing of any SOCTety or Instit￿lOn subsidiary or ancillary to the Methodist Church; (d) any purpose for the time beillg of any charity EriDg a chariry subsidiary or an¢illary to the Methodist Church. Aetivities Chapel Street Methodist Church 15 a large alld well-situat¢d church in an histortrc street in the ccntst of the ¢o&sial town of Pen7Ance. On its pres¢nt site it ha5 served locals and visitors alike forover 200 years and has a reputstion as a welcoming and friendly church foreveryone. On Sundays it offers lively worship with & music group and modern songs and choruses at the 10.4iam service. Numbers &frnding are increasing aE]d a large nunTrlxr of vi51tors to the area are welcomed, particularly during summer monih& continucd ge2 lof31 CHAPEL STREET METHODIST CHURCH PENZAIYCE Reois¢¢red Chari No.1147025 TRUSTEES ANNUAL REPORT FOR THE YEAR EM)ED 31￿ AUGUST 2023 Activities colltiuoed On many Sundays this serYi¢e has preceded at 9.15am by a more traditional service which includes hymt)s with organ accompanÈmenL This too is appre£iated by those attending buL owing io a current shortage of preachers available, Ihis serytce do&5 not lake pla¢¢ every Sunday. However, on si>me occ&sions the two congregatiot]s come together for a combined serrfice. D¢t#ils of services and timcs are alway$ lvailabk on the church website. The year to il Augu￿ 202J has an exciting one as w¢ toniinue to welcome a nutnber ofnew people to our seryices a5 regular attenders. As a resulL a nU￿ber of people have iren fornially weleomed inlo Tnemixrship of the churth. However. we are aiw&y5 mindful some others a￿ urtable to artetul weekly services owing to their age and state of health and we takc steps io supwrt ihem as as possible. The thriving and long-standing Little Fishes (Parent and T￿leT) Group CoTrtint￿s to ￿ appreciated and V￿Ued by th¢ Tnany who attend, many of whom have no other connc¢iion with a churth. Hom¢group Meelings continue during the week giving opportunity for fellowship and spiritual encourdgement. Coffee Mornings are held weekly on Saturdays and raise considernble funds for benefit of numerous outside charities. Details of church activities are given in the church websit¢ which also co￿1￿1￿￿ links to Sunday sernions al the 10.45am servic¢s. These we proving very w)pular and are listened io by members unable to attend service5 and by many otheTS in this county Rnd further afield. The clLEwch itself is &vailabl¢ io the community as a suitable venue for weddings, fiknerdls and lookl events (including concerts) and provides adequate space for local ￿hoOlS to hold their annual Carol Scrvi¢es. The ¢hur¢h continu¢s its close link with'churchcs Together in th¢ Penzance Area" and suptK)rts their various service& the E&ster Walk of Witn¢ss aThl other aaiviii&s atmed ￿ meeiing thc n¢¢ds of the comtnunity. Achievements The church Continues to rely on volunteers who regularly giv¢ of their time and abilities over numero￿8 key aspects of church life and steps continue to be taken to involve mOTe and more people ID this. This will increase togetherness and enable th¢ chur¢h to continuc to be more effe¢tiYe in its artivities and in its outreach to all in the area. The church donates a prowbrtion of its receipts to U.K. charities and other gimyl causes to advance the Christian faith and alleviate hutnan suffering and poverty. A prowrtion of these funds are held back to enable the church to respond imtnediately to Ch￿l￿b]C 4)peaEs for h¢lp when emergencies and disaster5 occur anywh¢r¢ in the worl ontinued CHAPEL STREET METHODIST CHURCH PENZANCE Pw 3(of31 istered Chari No.1147025 TRUSTEES ANNL'AL REPORT FOR THE YEAR ETr4DED 31°, AUGUST 21123 Staffi The minister of the church is employed by the we￿ Cornwall MeilM)dist CFrcuit has reswTrnsibility for the oversight of Chapel Street Methodist Church and other Methodist Churche5 in the Wesi Cornwall area. kn additioT the mintster of the chtwch is the svperiniendent minister of the West Comwall Meth(rtlist Circuit and therefore has a large degree of respoo%ibility all other churches of the CircuiL FinancRal Review The Accounts for year ended 31 August 2023 will be published Separately. Th¢y are prepatEd using the Methodist Church Standard Form of Accounts and will ￿ independently examin¢d. wtih tx)inLS arising (if any) brought to the attention of the TTUStees. The ACCO￿Trts for the year T¢flect a levcl of Stsbill￿ioll following re¢overy from the difficulties caused by Covid-19. However, Care needed over the next twelve months tt> monitor the financial pn)gress as we face up io the effects ofinflation and to the anticipated increased costs of gas at]d electricity. along wqth the cost of m&nt&ning our historic Chapel building. The Church's Reserves Policy w&% reviewed in January ?020 and it was decidcd that £i2,000 (￿ing at that time four months recurring rrdym¢nts) would k an appropriate level. The ￿eSeTr¢ level of the Generdl Reserves is well aixjve that sum but this is always kept under review. The r¢serve figure in the reserye wliry will b¢ reviewed and upjated in 2024. Th¢ Annual Rerx)rt aTMI Accoullts were apwoved by Ibe Tn￿ at the Church Couucil MeetiT]g beld on I December 202). Signed: R. H. Ward IChairifm5tee) Signed.. L.A. Lav¢nd¢r (Trcasurerrfrustee) Date: 12 December 2023. CHAPEL sfREET MEfHODISt CHURCH PENZANCE RECEipfs AND PAYMENTS ACCOUNT YEAR ENDING 31ST AUGUST 2023 RECEIPTS Offerin8- cash Offerings- Standing orders GiftAid & GASDS sU￿tOtal i Lettings Bequest Irestrirted funds) Bank interest Donatson5- ino intern31 Or￿nIs3t￿onS Sundry receipts 2023 2022 9337 41073 38038 8698 56073 7888 55021 I I 25865 72282 6304 24149 60030 510 1774 1328 2771 107 TOTAL 162350 143864 PAYMENTS Circuit assessment Cleaner, cleaning materials Council tax- Re8ent House Utlities Insurance Repairs & maintenan Bank chaiges Church Tithe Payments Sundry expenses TOTAL 51401 41È140 3066 3558 3566 6670 6121 7302 3059 7561 3189 i i 96 98 4950 2823 72425 10124 3789 89452 Charttable agency receipts Charitable agency payments Total still to pay (exc. £20 noted below) Opening balance across all accounts- Fncluding £20 to pay to external orgaTrisations from 2022 Opening balance. exdudin8 £20 to be paid to external organisations Openirg balance- General Fund OpenFng balance- Restritted funds 2536 2465 71 139389 67930 139369 78715 67568 60654 362 Totsi d05ing balatKe Ilndudlng £91 to pay to external organlsatlons. refiecting bank account totatsl 212359 aosing Balan￿- General Fund Closing Balance- Restricted Fund Totsl dosing b31ance {exduding £91 to pay outl aosing Balantr- General Fund Closing Balance- Restritted FLrnd 75095 137264 212268 75(MM 137264 78715 60654 139369 Interest received- Generdl Fund Interest received- restricted Fund 1977 4327 |CHAPEL STREET METHODIST CHURCH PENZANCE
RECEIPTS AND PAYMENTS ACCOUNT
YEAR ENDING 31ST AUGUST 2023|CHAPEL STREET METHODIST CHURCH PENZANCE
RECEIPTS AND PAYMENTS ACCOUNT
YEAR ENDING 31ST AUGUST 2023|CHAPEL STREET METHODIST CHURCH PENZANCE
RECEIPTS AND PAYMENTS ACCOUNT
YEAR ENDING 31ST AUGUST 2023| |---|---|---| |**RECEIPTS**|**2023**|**2022**| |Ofering- cash|6060|9337| |Oferings - standingorders|41073|38038| |Gift Aid & GASDS|7888|8698| |**Sub-total**|**55021**|**56073**| |Lettings|25865|24149| |Bequest (restricted funds)|72282|60030| |Bank interest|6304|510| |Donations – inc. internal organisations|2771|1774| |Sundryreceipts|107|1328| |||| |**TOTAL**|**162350**|**143864**| |||| |**PAYMENTS**||| |Circuit assessment|51401|41440| |Cleaner, cleaningmaterials|3064|3066| |Council tax - Regent House|3558|3566| |Utilities|6670|6121| |Insurance|7561|7302| |Repairs & maintenance|3189|3059| |Bank charges|96|98| |Church Tithe Payments|10124|4950| |Sundryexpenses|3789|2823| |**TOTAL**|**89452**|**72425**| |||| |Charitable agencyreceipts|2536|| |Charitable agency payments|2465|| |Total still topay(exc. £20 noted below)|71|| |**Opening balance across all accounts - including**
**£20 to pay to external organisations from 2022**|**139389**|**67930**| |**Opening balance - excluding £20 to be paid to**
**external organisations**|**139369**|| |Openingbalance - General Fund|78715|67568| |Openingbalance - Restricted funds|60654|362| |||| |**Total closing balance (including £91 to pay to**
**external organisations, refecting bank account**
**totals)**|**212359**|| |ClosingBalance - General Fund|75095|78715| |ClosingBalance - Restricted Fund|137264|60654| |**Total closing balance (excluding £91 topay out)**|**212268**|**139369**| |ClosingBalance - General Fund|75004|| |ClosingBalance - Restricted Fund|137264|| |||| |Interest received - General Fund|1977|| |Interest received - restricted Fund|4327|| CHURCH RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Chapel Street Methodist Church Penzance Church FQR THE YEAR ENDED 31 August 2023 West Comvrnll Clrcuit Circuit no. 1219 Registered Charity- Charity Registration number If not a registered charty Her Pjlajestys RevBnug and Custotns Gift Ald number (rhe HMRC number is equivalent to a registered charity numter in temis of eviden￿ of ¢haiitable status and may be used to give to donors or grant funde￿ wishing to see eV1dert￿ of the organisation's charitable status. Methodist charities in England and Wales thatare not wistered charities are excepted from registration under Statutory Instrument 2014 No.242) 1147025 Minister. Rev. Ral Ward Churth Stewards: John Bennetts mauri￿ Holland Doreen H¢xking r¥largaret Richards Treasurer Lisa Lavet)der 1of5 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023 Chapel Street Ivlethodist Penzance Church SECTION A Unrestricted Restrtcted Totals thlg Fund Fund Totals last 81 RECEIPTS Note Offerin s and Tax re¢oveted Bank and CFB interest and Investment income Lettin 55.021 55,021 56.073 a3 1.977 25.865 2.878 85.741 4.327 a4 6.304 25,865 75.160 162,350 510 a5 Other receipts TOTAL RECEIPTS 24.149 63,132 143,864 72.282 76,609 {a7) SECTION B PAYMENTS Circuit Assessment or Share Donations b1 b2 51.401 b3 51A01 10,124 3.189 41,440 4.950 3.059 10,124 3.189 b4 Repairs arld Maintenan Utilities (Insurances. water ch8rges, heating & lighting) b5 17.789 17.789 16,989 b7 Other payments TofAL PAYMENTS b8 6.949 89.452 5.987 72h25 89,452 {b9} SECTION C NET RECEIPTSIPAYMENTS FOR THE YEAR Total funds broughtfoNard from last year {a&bB 76.609 72,898 71.439 c2 78.715 60,654 139.369 (¢6 67.930 c3 Sub tgtal c1+e21 75. 137,263 211267 139.369 Transfers aijd a ustrnents (G71 c5 TOTAL FUNDS AT END OF YEAR {c3+c4) 75.004 137,263 211267 {c8) 139.369 Ic6) SECTION D FOR INFORMATION ONLY: IVIONEY RECENED AND PASSED ON TO EXTERNAL ORGANISATIONS (these amounts aig not to be included in total receiptslpayments fwures aLKtrve) Balance brou ht forward from last 20 1181 Offerin sIGifts- re￿iVed for extemal ni%tion$ 2.536 3.866 OfferinyslGift5 - passed to exEem81 Organisa￿n$ 2.465 3,728 BALANCE STJLL TO BE PAID (d1+d243) 91 20 of5 I Street MethDJist Church Penzaicknh OFCH SECTION E IEa5efollowtheGuld•ce Notestocom summary0tlhe¢hu￿aCW￿ts forthe s*rended31 hugu$12023 re[￿￿￿echurehCthI￿ts￿IVjrl￿ Klethg. Nolethaithefvndsor InlernalOrg4ni%attanMrnld ResJ*tsdtUndsurtessit￿￿ beth*knU￿IheYt¥J￿kqte￿5edf0r?rv￿eth￿s1 purrx)s& Thi$sttkn M￿stbe EhpletedtDarriv£ aithegnJsslnts)meanderyeTh*turEtorals Or￿chU[ch. k¥wswwx¥ne eXeeeOsthtrpKtrn*threth0￿.lbeththpA£¢DJalsn￿thtK1o[act￿ttnY ANDA DIFFERENTFORMmuslbe Ltsedtoiekuttheari•untsi**vK¥￿l￿ttthl reoaRling tran5fersbets%Eenthe Di*t andtx>nneded DisthctOry3nisatrar ORGANISATIONS Sund Uv• t.OB1 Women8 FelJow&hl 103 WF7hTlItClub LItUeFlsbES 1.510 1.474 528 ¢7 btthl Df kii*rrdl i5aft¢nsftmds Church accounts(tot415 brotTBhtfornwdfTripJ pa 2-totsls colW￿￿) E11 528 t2 1S2.3StI (a SI￿2 139A69 elo BY CHURCH Z12267 163,880 132 Conmueonfj sepsr*èsh*i ItrE¢e5saryand bringthfr Iolals rorward nj 141.047 212.795 TOTALRECÈfPTS TOTAL PAYMEIUS 3EcmoN F TEMEMfoFASS D LLAB CHLtRCH. CASH FUNDS HELD7431 Au Cesh &i hartd 2023 CLOStNG BankCuETrnlAttounl 5.4D3 Bank f4889 14 Central fwAnce Board 11*37rJ Trt￿￿$STOrM*￿tChurth P 168.879 SUB TOTAL-CINrr¢haccounts Totslfvnds h￿dbY￿Wal O{g*¥sab(￿5{thethW balar¥2tOWfromatwel le121 139289 212 Z68 TOTALCASH FUNDS HFLD BYCHUR¢H $28 1&12 141.047 212.796 lyl SECTION G OTHERASSEfsand LWLirEs 31 Augu5t2023 ents 18lld& B￿7 Oth?rAsw% nd 70 Othfrr Liablbes I￿￿￿deMiYFundS￿ehJaIthB C*tsal Finw8wd f5 Ind￿Se0￿F￿nd& ￿(datTrUs1￿￿IMthdl4lcmIth F¥rKK*s 8ofJ Name of Church- CHAPEL sfREEf MEfHoDisf CHURCH PE￿NCE No 1147025 Declarations and Scrutiny l Gonfim? that these Receipt and Payment based ac￿￿nts forthÈ ytr4r to 31 August 2023 have been prepared from the records of the Church and that fhey Tnd(HJe all furvjs under Ihe control of the Church trustees. Signature Oft￿SUrer..... 12111r2023 Name and address of tr*surer....... 6 tVlARINE TERMCE, PENZANCE. TR18 4DL USALAVENDER Presentation to the Church trustees I confinn that the anntrdl report and accounts forthe year eThJed 31 August 2023 be* presented to the meeting of (he Church trustees held on ......... Signature of th8 Chair of the meeting Nan￿ ofth8 Choir of the meeling 12:1£..zS Independent Examineys Report to the Tn￿teeS of the CHAPEL STREET laEfHODIST CHURCH PENZANCE Charity Numbgr. 1147025 Responsibilitles and basts of report I report to the trustees on my examinalion ofthe accounts of the ............ CHAPeL8T NEI*)D6FchuFch for the year ended 31 August 2023 set out on pa9es .I to 3 As the Church's trustees. you arg ponsible for the preparation of the accounts in accordance with the requirements of the Charilie5 Act 2011 (Yhe ACY). I report in rèspect of my examinatlon of the Church's accounts Ca￿le￿ out under section 145 of the Act and. in carrying out my examination, I have folk)wed av the applicabte Dirpctions given by the Charity Cofflmissi(yn un(kr sectton 145(5Kb) oftheAcL . delete or clrGle as appropriale 4ofS Name of Church CHAPEL STREET METrIODIST CHURCH PENZANCE No 1147025 Independent Examinefs Statement I have completed my examination. I confim) that rK) materiaI matters have come to my attention in connection with the examination (other than that dtsclosed bel￿ which giv8 me cause to believe that in, any material respecL the a￿OUntIng records were not kept in accordance section 130 of the Act; or the accounts do not accord with the aC￿U￿ting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in orderto enable a proper understanding of the accounts to be reached. I havelhave not. obtained independent verificatton of all investrnents with tha Ttustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Centrat Finance Board of the Methodist Church which are individually in excess of £10.000 (ten thousand pounds) at the balance sheet date. Signature of independent examtner Name of independent examiner .........CDLIFJ....W&o.k eo Relevarrt professional qualfficalion of independent examiner ........ Name of firm (where appropriate) Address -foJRe* ...C.).I￿ ￿ALL IK3 Post Code .................. delete or (arcle as appropriate CHAPEL STREEf Ch￿rd￿8-re￿pts-8lw>p2Ymertt>20￿8 5of5