Registered charity number: 1147067 Light and Life Free Methodist Church West Cornwall Trustees. Annual Report and Financial Statements For the year ended 31st December 2023
Light and Life Free Methodist Church West Comwall Contents Pagè Information 4t08 Trustees, Annual Report 9t010 Slalemenl of Financial Activities 11 Balance Sheet 12to19 Notes lo the Accounts 20 Independent EXamineS Report to the Trustees
Llght and Life Free Methodist Church West Cornwall Information Regstered charity number 1147067 Other names charity is known by Light and Life Free Melhodisl Church Principal address Light & Life Centre Water-ma-Trout Industrial Estate Helston Cornwall TR13 OLW Chair of the Trustees & Lead Pastor Michael Bretton Bankers Lloyds Bank Market Place Penzance Cornwall TR18 2TN countants Francis Clark LLP Chartered A¢¢ountants Lowin House Tregolls Road Truro TR1 2NA
Light and Life Free Methodist Church West Cornwall Trustees'Annual reportforthe year ended 31" December 2023 The Board of Trustees of Light and Life Free Methodist Church West Cornwall present their report together with the financial statements for the charity for 2023. Members of the Board of Trustees during the year were: Pastor Michael Bretton Simon Van Der Plank Timothy Giles Colin Simmons David Parker David LeY Jeff Lugg Sirnon Jones Lead Pastor IChaiTI Resigned February 2023. Re-elected 01.09.23 Hayle Falmouth Ichair Februaryto August 2023. resigned 21.08.231 Helston Hayle Helston (appointed 24.04.231 Helslon (appointed 24.04.231 Hayle (appointed 15.05.231 Structure, Governance and Management Light and Life Free Methodist Church West Cornwall is part of Ihe Free Methodist Church UK Conference. The main governing document of the charity is set out in the Declaration of Trust dated 30" April 2012. Trustees who are elected by the members meet regularly through the year to review management, financial and operational risk rnatters. Objectives and Activities The Trustees are aware that the charity has an obligation to operate for an identifiable and public benefit. When reviewing the life of the charity the Trustees consider the Commission guidance on public benefit., and in particular the specific guidance on charities for the advancement of ieligion. The objectives of Light and Life Free Methodist Church West Cornwall are- The furtherance of the religious and other charitable works of the Free M&thodist Church in accordance with Ihe doetrines, disciplines and usages of that church, and in accordance with the statement of beliefs for the time being of the free Methodist Church. To relieve sickness and financial hardship and to promote and preserve good health by provision of funds, goods or services of any kind, including through the provision of counselling and support. To advance education. The trustees must use the income and may use the c8Pltal of the church in prornoting these objects. Achievements and Performance Each of our churches have continued to provide worship services, pastoral care and encouragement for the many who attend our churches. Some of these are also still live streamed or recorded and made available for those who for various reasons are unable to gather on any given Sunday. Across each of our churches we continue to support various projects 8round the world, both in prayer, short term missions and with grants to support works they are involved with to bring help and hope to others in need. The work of the church to serve the communities across various parts of West Cornwall and continue to encourage one another have continued in the following ways:
Falmouth There is a lot to be encouraged about with Falmouth Light and Life Church. This year we have connected with new people at our Sunday services and served many more through our outreach initiatives. Our Fun day in the field which served 300+ people from the comrnunity with games, food and message was a particular highlight. We had a fantastic church weekend away- lull of encouragement and discipleship where the majority of the church were in attendance. We have run mid-week discipleship groups and Alpha. We ran many outreaches within the community- reaching out to vulnerable families through our garden restoration project, as well as at Christmas through our coat bank and fresh food, we also held an encouraging Easter Service, a successful Neon Light party in October, and a sports camp foi youth to name a few examples. We continued our highly successful weekly chaplaincy work we run in the local secondary school. We look forward to continuing to build a community of depth and discipleship as well as being a missional and c8ring congregation for our wider community. Hayle We saw an average attendance of over 150 per week on Sundays throughoLJt the year. with an attendance of just under 250 for Bob & Chris, leaving service. We had the pleasure of baptising 16 people during 2023- aged from 8 to 80, 3 children were dedicated. 2 pèople rnade first time commitments through taking part in the Alpha Course, and a further 8 people came into membership - committing themselves to Hayle Light & Life and the values of the FMC. We're beginning to see some of the families that attend the Little One's groups coming to church on Sundays. bringing their older childien and taking part in the children's groups. Some of the highlights included a weekend with Richard Svensson in April which was powerful ministry time for many in the church. A few folks camped and enjoyed fellowship and community at Creationfest, whilst many others visited during the days. The Limitless Festival was a brilliant time away for growing. bonding and getting to know others for the children and adults alike. It was the beginning of a time of transition as Bob & Chris stepped down, but this was planned and managed well through the timinES of letting people know and the sermon series we looked al throughout the year. The farewell service for Bob & Chris was, a real demonstration of church love and f8mily. We had a light party for the children at the end of October, whilst Christmas brought its usual well supported events and services.. The Christmas Quiz- always a great opportunity to invite people from outside the church. Carol Singing at ASDA, Christmas Carol services at Hayle Academy and Bodriggy Academy and a Christmas Oay service at Bodriggy Academy- followed by lunch at The Bridge for those who would otherwise have been alone. As a church we are committed to prayer- we have a variety of different prayer opportunities weekly, monthly and throughout the year- in person and on Zoom in order to accommodate all circumstances. We have a strong congregational desire for Spirit filled worship and see Erowth in our worship teams and their rninistry. Visiting folks comment on how welcomed and warm they feel as they come into church on a Sunday, there's a real buzz of exciternent before services and our regulars are preity good at noticing and speaking to new people. Children's provision is seen as a priority. with groups meeting on Sunday mornings and during ihe week. Engaging with the Limitless Festival has brought opportunities for the children to meet with others 2nd grow. Family fun days are opportunities to reach out to the community and are well attended. There are many mid-week Eroups available running at various times to support and disciple each otherwithin the church, and to reach out to the wider cornmunity. We're open and keen to see an increase in what we can offer and to see people grow into leaders. We reach out to the community through the mid-week groups ILittle One's, Open Door. Friendship Group), and have a core team that engage in door-to-door evangelism. Indoor
football once I month gives an opportunity to reach others that share enjoyment of the sport. The church reflects the demographic ol the community in age, gender, culture. As well as supporting local mission, we engage with and gain sn awareness of global mission through visiting speakers, financial contributions, and prayer. Compassion UK is well supported through the church. Since we've not had a Pastor it's been encouraging to see many in the church step up to support and encourage one another. There's a real sense of family and belonging, and we like to have fun and socialise together through, BBQS at the beach and picnics in the park, skittles evenings, church lunches. For the first quarter Df 2023 The Bridge was open to the community as a Warm Welcome Space- we didn't see as much footf811 as we hoped, but were there lor those who needed us. We continued to provide donations to, and work to support, the Foodbsnk in Hayle, and we held drop-in pastoral sessions at The Bridge for pèople who need 1 to 1 support and prayer. The rnid-week groups attended by those who are not part of the church are often referred to as safe spaces, where people feel relaxed and welcDmed. able to share and can be supported. Our Little One's groups (aimed at parents with pre-school children) have seen considerable growth in the reach they have across the community. Over 250 families have been involved in one or more of the groups, and this has led to recognition by the local authority networks. Our Family Fun Day was well attended and enjoyed by many who are not part of the church. We held Men's and Ladies breakfasts to build fellowship and to support each other. We had a Ladies Weekend, including'speed dating the bible, and an open forum Q&A session, and also held a Men's Wellbeing Curry Night. We provided Christrnas Hampers to those whts attend Hayle Day Care Centre to let them know we care and they are valued. and provided a free of charge Christmas Day Lunch at The Bridge - around 30 people who would have otherwise been on their own came along. We have also provided financial support for various charities both locally and globally, that are promoting wellbeing in the community. and we continue to financially support those identified as in need through our hardship fund. Our Little One's groups hav6 run a series of First Words Together sessions- linked with th6 National Literacy Trust for under 2's and their parents I carers. The Little One's h8ve 8lso taken part in instructor-led activities exploring nature in the woods and locally on the sand dunes. We've given opportLJnities for some of the parents I carers to step up and officially help with some of the Little One's events. and this has included Safeguarding training and some Paediatric First Aid Training. We ran an Alpha Course towards the end of 2023 that was attended by approx 20 people. and held a Christmas Craft morning and Create Space craft sessions tor people to learn and share crafts and int8resls. We have provided financial support for various charities both locally and globally. that are promoting education in the community. We had Shaji O Arnos and his wife Beena from Kolkata City Mission visiting, and they shared with us about their charity in India. Helston Throughout 2023 we continued to offer our Church services both in person and online for those who for different reasons are unable lo attend in person. This is a connecting point for all and especially serves those who are alone or feel isolated to form new friendships and explore faith. Our Growth Groups IHome Groups) continue to provide a place of friendship and an opportunity to grow in the Christian Faith. We h8ve run Alph8, Baptism and Exploring Partnership Courses. Friendship and Faith continue to be offered at our 'Time Out. Services for those who are retired and we continue to invest in youth work both from the Light and Life Centre
and in offering mentoring to students al Helston Community College by Michael Britton our Youth and Family Pastor. 2023 saw our Energise kids club continue to grow which is our club for primary aged kids. We value working in partnership with Mustard Seed who continue to use our centre in their work to SUPPOrt people w1th special needs and to provide a cafe which has continued to flourish seeing many local people attend. This has done much to offer something on the doorstep for those who may otherwise feel isolated. We continue to provide space for the logistical reception and storage of donated foods for the Helston and Lizard Foodbank. We continue to make our centre available for the work of others who encourage community, health and friendship including Rock Choir and a variety of keep fit activities. Our work in the schools has continued as we offer assemblies. mentoring and our venue for school events. In December we hosted both Sithney and Trannack School Christmas productions welcoming the entire school and their families into our venue. The Highlight for many in 2023 was the Pantivity IPantomime meets Nativity) by 4 Front Theatre Company. This saw approximately 800 people from the local schools and community attend 4 shows. Building bridges to form friendship, provide encouragement and explore faith for those who would like to remain at the heart of all we do. Table Tennis and Football ministries have also been incredibly successful in building friendships with people in the community with approximately 70 people attending these activities Across each of our churches we continue to support various projeets around the world. both in prayer. short term missions and with grants to support works they are involved with to bring help and hope to others in need. Financial Review and the Charity's Policy on Reserves The unrestricted income of the trust exceeded its expenditure by approximately 212k', restricted fund expenditure exceeded income by £0.5k., designated fund income exceeded expenditure by £19k (net surplus £31 kl. The Trustees have agreed that reserves should not be excessive and remain positive. Any fund with a negative balance is reviewed as part of the regular Tiustees meetings and relevant action taken to ensure that the situation is reversed. The closing Lsalance of funds is £1,648k which includes endowment funds of £558,875, designated funds totalling £170,377, and restricted reserves which total 2582,106. The total unrestricted funds are £336,201 of which £247k is represented by fixed assets and £89k which are 'free' reserves available to the charity. This is roughly equivalent to 3.8 months Ljnrestricted fund expenditure, a level that the trustees feel is sufficient. Risk Review The premises owned by the charity have been maintained. Insurance cover on all properties is reviewed each year to ensure that details are accurate and LJP to date. The policy and procedure file to facilitate good practise including the vital 8rea of safeguarding continued to be used to Eood effect safeguarding is regularly Teviewed and training seminars initiated.
Light and Life Free Methodist Church West Cornwall Responsibilities of Trustees in relation to the Financial Statements The Trustees are responsible for preparing the Trustees, Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepled Accounting Practice}. The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a Irue and fair view of the slate of affairs of the charity and of the incoming resources and application of resources. In preparing these financial statements, the Truslees are required to.. select suitable accounting policies and then apply them conistenlly.. observe the methods and principles in the charities SORP IFRS1021', make judgements and eslimales that are reasonable and prudent., stale whether applicable accounting standards have been followed, subject lo any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charity will continue lo operate. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial Statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities. Declaration The Trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature Full name If IIIJK( /ktr-7rn4V Position C•Mit 0£ fflvs3 Dato zozt-
Loght and life Free Methodist Church West Comwall Chaty No 1147067 Statement of Flnanclal A¢tlvltles {SOFA) for the year ended 31 De¢¢mber 2023 the •¢¢ounts UnrestrfGt•d De51gnated Fund• Funds Restrfcted Endowment Income Fundl Funds Total 212243 Income l Donalions and lega¢les 2 0er ITadinp inrom8 7 Investmenl IOe 8 Tolal Income Expèndltur• 279,844 12,019 2.163 40,095 15,83 135 335,7n 12,154 2,183 3SO,114 40.095 15,973 256.623 23.664 20,741 14.712 292,076 23,664 Goveinance ¢osts L05¥ QD PrDrtY dispos 16 Other oulgoiTVS 17 Total charitable expBnditur 18 tsainslllosse51 an monelary inveslmeDI& 19 Gainslllosses) on inv951menl propertlO5 20 N•t Incomèll•xp•ndlturel 21 Tfanslfjrs bphren funds 22 Other gainslllo3&9s1 23 Net rnovement In fund$ 4 Total fund5 broupht fom*rd 25 Total funds cNrrl•d forr 1.753 282,040 1.748 16,48tl 3.5111 319,241 20,741 12,006 4.472 19,354 116,1091 30.B73 11.637 16.47B 319,723 336,201 3.245 167,132 170,377 3Q.873 1,816.686 1,647.559 570.956 SB2,106 556.875 558,875 10.2
Ll8ht and Llfe Free Methodist Church West Cornw311 harfty No 1147C67 Statement of Finan¢lal Actlvltles ISOFAI for the ygar endad 31 D&cgmbar 2022 oles to Ihè ecount Reslr5¢1• Incomg Fnd8 Unr•strfctqd D•$i9Th4tèd FndS Funds Fund 202142 In¢ome l Dllnatims bnd 2 Oiher IradiDg Inc 7 Invgstmentinwmè Total In¢omo Expendlture 253.242 8.212 24.018 25,909 304.1fj9 10,$12 261,568 2G,318 26.909 314,795 253,873 8.642 29,169 38.6 321,69B 15,5S3 Loss un propfjttydistyjyol 16 OthBf OUtg&ngs 17 Total chartt¥lTrlB •xp•ndttur• 18 G[105•$I on rnonèiary V&sEThL% 19 Gr(lo8&esj on Investment properMè5 20 Nel InMrn•ll•xp•ndlturo1 21 Tiansf8r5 bèhveen funds 22 Olhergainslllow$l 23 N•t rnov•rn•nt In fund* 24 Totèl tunds brought lorward las reststedl 25Total fundB ¢arrI forw¥rd 2.257 2fj4.712 558 47,12S 2.815 341,066 29,161 13,2041 IX,2111 eo,827 46.848 110,179 430,802 J19,723 43,997 40.611 530.345 57¢.956 263711 1,642,957 1,611,686 558,875 558,•7S 10
Llght 8 Llle Free Method15t Church West Cornwall Charlty No 1147C7 Balance Sheet as at 31 December 2023 As r•stat•d 0è5nI¢d Funds Funds Funds Funds T•tsi$ 2023 Total$ 2022 ¢aunt Flxgd As$• Ta¢ Asse 247.027 247,027 $54.066 554.066 558.875 S58,875 1.359,968 1,359,968 1.363.489 1,363,469 cuirnil$ Dbr3 pr¢poJThMgrts Cash at Bank andil h8ThJ 2.8 53.147 256.208 26.920 228,127 2¢S.280 rot•ltum¢as$ets 110.858 170.377 28.120 309.35$ 21,664 21,584 89,174 21.761 21.764 287.591 12.D69 12.069 253,217 170,377 28,040 396.201 2.106 $58,87S 1,647,559 1,616.6 (due aftEr more than one year) ¢dors (du8 aftqr I N•tassets 336,201 170,377 582,106 55B,875 1,647.558 1.618,886 GenBra1 Fund Iunmtrkigdl nated Fund IUTrresitti¢dl Tot•lUnY•strfct•dFunds 536,201 336.201 319.723 170.3n SD6.STB 5B2.106 558.875 1,647,559 466.855 570.956 558.87$ Fun0$ EndDe1Fu 582,106 558.875 558,075 TotalFunds 33B,201 170,377 582,ID6 Ipto¥1dtyTrulH5knd 5Y4 S&ned TNIt DÈ io 1*&¥7trJ 11
Llght and Llfe Fre6 Mothodlst Church Wèst Cornwall Notes to th8 Accounts 1. Bosls of accounting Th8 financial slalementsof Ih8th8Nly.whichis a pubk bBn8fi1 ontityunder FRS102, hav8 been prep8r8d In acctYdanco 1th the SORP IFRS1021'AccDunling R8PDrtiry by chrtI8 Stst8m8ntolR8cDmmonded Fraclic& atpliCaBtO Bhanligs preparing Ihglr x¢ounts ID Finan0 Reng Stsndard awlicabla in th uKd RebC Df118Lgnd {FR5IlIethIve 1 Januy 2019Y. FirwyalR¢portlrt9 styndard 102'Tf Finana Retthifig Standard applicab In ts UK R8publK of Ireland. and thb an85 Act 2D11 Th&financial stalgmÉni$ have baen Frf¢pared ur lh8 hisiorical cosl cwvenltr. 2. Accountlng polScle8 INCOME AND ENDOWMENTS Rfrcognltlon of Rgsource5 Thès8 are Induded In thè Slatem8nl of Fln8nGlal AttMlie5 ISOFAI when.. charty bècomps èniiued lo ll)& résourctr5 the Iruslees are virtually certain they will receiv8 th8 resourc8s,' and the monetary value can b8 m8asur8d with sufficient rèliabllfty, Incomlng r8¥ourco5 with related expenditurè Where incotning r850urc8s hwe related 8xpendthre la5 with fun(Iraising or C¢Iracl incornel the incoming re%vrcey and related expenditur8 are reported gross in th8 SOFA. Grants and tlonatlons Grants and donations are only included in the SOFA when th8 charity has uncondllonal entirn1 lo tha resources. Tax r8clalms on donatlon$ and 91ft8 Incoming resources frorn lax reclaims are irlUded in the SOFA al th8 same time 88 the gift lo which Ihay relate. Glfts In klntl, donatad 5ervlces and facllltles and volunleer help The church benefits from maoy voluntsry hour5 and unclaimed out ef rNxket expenses contributed by a large number of people. 11 would be imposslble lo pl8¢8 a value on Ih&s8 9ifLs In kind for whlch we are extretnely gralefvl. Investmefit Income TIMS is included In th8 accounts when receivable. Endowrnentfund5 AJI inwrning SOurCeS frorn end¢)wnentfurids are restricted. EXPENDITURE AND LIABILITIES Laitsillty recognitlon Liabilitie$ 8re recognised a5 soon as Ihtrfft 1$ a legal or construclwe abligation committing the charity lo pay out re50urce5. Governance ¢05ts Include costs of thè w8parah(N) and examination of statutory aGGwnts. the Gosts of Iruslee meeting5 and cost if any legal advice to trustees on govemance orconsb.lu1al matters. 12
Ll9ht Ind Llfv Fie Mthod16t chh We6t Comw¥ll ASSETS TanglblB fiA•d •t fDruso by¢harfty Tangltdo fixed asS8t5 UdIttl¢oFt, Wrwj pJrchg$• pr. $$ accumulrl•d deprècièlw)n. Fixed asset$ under £SOO Ale f¢blIS¢d atswitènoff inthe wiod kl whth thBy r8Lg1B. Dopr•clatlon Dfflxqd Bs•ts DeproGlalh)n is provide¢ alral85 ¢akulalgd 111? off ihe cost l¢¥s. •8Umatgd vakn, olthe8$9è1 Ovgrlis eXPtad use[L own0n¢ Wlè. T)1,. Fi3nd fi8 2Q%- 25% straighllin8 Dèpi4claiKJn hBs th)tLÈnthAryèd Ioi (hynèd foron1y part Df 8 &1. Land lIdIng8&[B nol dOpr6¢ittd bprau5e trustaes c0llsid8riheyha hvah le8hYu31 valug aig wdl m8181@, h8thc8 0nyd•viI0 would bg immenal ACCUMULATED FUPKJS Unr•strt¢tsd fvnd• ihireslithd (vnds aig avL4W•forus8 atthodiwotlTri of th8 trust5 kn rthenCe ofth rAlotyectlves of the chanty. R•8trf¢tod fund• R8slrlct8d tunds spBufic cunditions bydonoT5 to hllwth8yar8to b8 L@d. The pulp05es0ftt funds ar8 out In noles to Ih•acwunt8. 3 knaly$l$ ollncom• 4nd end0¢t6 trom.. 2023 2022 DDMtlon• Dcrfwtyons Tax IB(undèd throu Grants received 2BO 788 46.444 3.wo 5.545 335.777 42.858 Tot41 304.119 Oth•rtrkdlnq Itt• Olher InGorn8 LenlIe Income B.26 3,886 12.151 4.556 5,956 Total Inv•Blrn•nt InGarn• Inlero$1 rece* Totsl 2,183 13
Llght & Llfe Free Methodlst ChUh West Cornwall 4 Analysls of expendhurè on: h3rh#bl8 actlvltles Activitie5 Undertaken DireGtIy Support Costs Total 2023 Total 2022 Church activthes 49,600 242,476 292,076 321,698 2023 2022 Support Cost$ Capilalion laffiliaticfi costl Salaries (note 61 Travelling 8xpenses Hire of halls Telephone Insurance Rent Rates Repairs and maintenance hl. heal arid water Office and administration expenses Website Licence5 10,595 152,832 4,693 5,245 1,227 4.081 17,378 2.516 5.877 13,046 21,183 459 3,344 242,476 11,392 185,489 10,269 14,088 1,516 4.055 16,736 2.216 2.840 9,866 26.029 1,054 3,108 268.658 Total Total 8xponditure.' Charflable acuvilies Governance costs Lo$$ on property dlsposal Olh&r- depreciation 292,078 23,664 321.698 16,553 3,501 319,241 2,815 341,066 Totsl 14
Llght & Llle Frtre Mtrthodl8t Church West Cornwall S Dotall$ of Gertaln It8m8 of expondlturo 5.1 Trust885' 0Xn$•8 2023 2022 Number oftrustees who were paid expenses Maeling expenses Total amounl pald 188 188 5.2 Trustses. remuneratlon Mi¢hael Br&tton r8ceiYed mUneration of £30.143 in the year forhi5 role as Lead Pa510r. Remunerabon is perrnitled by the gov8rnlng docum8nt. 5.3 Foes for 8xamlnatSon of tho a¢¢ounts 2023 2022 Ind8pendent exarninerf5 or audilor5' fees for reporting on Ihe accoun15 1,550 1,OOD Other fees (for example.. advlce. ttjnsuttancy, a(*ountsncy $8rvlc881 paid to the indeep8ndent examin8r 6,200 4.250 6 Stoff 8.1 Staff C05t5 2023 2022 Gross wages and salartes Employef5 National Insurance costs Pension costs Total staff costs 141,872 4,083 6,877 152.832 153.543 8.071 3.875 165,489 No employee re¢elved remuneration in excess of £60,000 for either the currant or preceding period. One emwO received a £10.000 sotuemenl payment in Ihe year. indutled lIhin gro$$ wages and salarfe$. 2023 2022 6.2 Averago TrUMr of omploy608 In th8 year Iheadcountl 10 12 (Full-me equivalent number of employ88$ 2023." 51 6.3 Dofined contrlbutlon penslon 8ch8me Brlel dèta118 of th8 scherne The charlly opera18d 8 defined contribution scheme for employees. The a55ets ofthe sthemè ar& held separatèly from thos8 oflhe chari 15
Llght & Llf8 Fr•e Mothodlst ChurGh West Cornwall 7 Tangible Ilx•d a$8ets Frpehold land & bulldlngs Flxture5, fittings and equlpment Total Cost balance brou Addition5 Dis Cost balance carried ford hl foryvard 1.358,565 60,512 1.419.077 1.358.565 60.512 1.419,077 Accumulated depreciation brought forwdrd recialion char ai Accumulated de ciabon ¢arried forward 55.608 3.501 59,109 55.608 3.501 59.109 Nel 8ook Value Brou ht Foard Npl Book Value Carried Forward 1.358,565 1,258.565 4,904 1.403 1.363.469 1,359,968 8 Dobtor$ and prepayment5 Analysls of debtors Amounts falling due wl¢hln on¥ yoar 2023 2022 Grant r1vab Rental depos11 Wayes Gift ald Prepoymenls 8.336 32.773 12.038 5J.147 10.296 17,212 9,651 37,159 Total 16
Llght & Llfè Frèè Mèthodlst Chureh Wsi Cornwall 9 Cr•dltors and K¢ru•li 9.1 maly818 of ¢rndltor Arndvnt$ f4llng duevAlhlThoD• y•ir 2023 2022 Creditors PAYEINI Loans du8185sthan onè year Penswjn AwnJab8nd dr0d Inc4Jrne 2,418 3,616 2,897 167 15.563 21.764 5.997 12.OS9 Toldl •.2 An•11¥ af cMdltor Amounts f&llln9 dug o¥¢ron¢ wr 2023 20ZZ Loan5 thJe aftor ywr T¢rt41 10 Fumds 10.1 D¢tall$ otfvnd• Pemlan2nld¢vm?lfund0 (pE}ar E¥pgnd¥blfj E(Pt IEEI R&stricted ID¢ome funds, Inrludlng trusts. Ortho chthty l.Rl Unresirictod 1n¢w8 fund¥ Fund name Fund T Pyr and R•strl¢tlon quisililln and conv910n ol chUh mi98S qu1wil aj COnvew 0frjrCh mis85 Fund5 lo buya bu1r( pro419 tor lh8 church Funds to Support mi$$lonarywo ou151de the lorAI Churche5 To support church pLryntin9V•ithin CoiDwalS suilding 4n¢ ¥t510nDf thur( TEfflISèS Fordgvdoprn9nl of Lhe chuich in He Various donallons for spedfic 089S Bulldlry Fund Helsbn PE guil¢ity Fd- Pwl EE Penzanrfr Bulding Fun FAlssknnary- Chui( 8pe(¥fi Mls$knary Fund Hqlston Fund Haylg Churth Developmant Fund other 17
ht & LN• Frèè M4thDdlsichurch Wet CotnWi•ll 10.Z Mov•m•nts of mkJDr lunds A rtstol•d Fund nam•¥ Fund balan¢•s br¢u9hl forwa IncomlnB r•sou% Outgolng rOurc0S Transfor• Fund b&lanc•s lorward Total Unre5cied 319.723 294,046 282.040 4.472 336.201 D•$lgnalgd Penzance euildl Fund ISSIDnaryFuDd i$$ionary- Churth 5p8cIfic Tot 095nated 157,382 9.750 12.378 27.719 422 20.319 17,4S91 18,6SOI 161,8n 187.132 40.095 20,741 118.109 170.377 Endowrn•nt 8ulldlng Fund Halston 558.875 8.875 8uilding Fund Tvtsl EndowmBnt $58.87S S58,87S Rèsldctsd 403,502 154,816 983 1,748 3,793 402,737 155,723 asde Churth D8v@lo m8nl Fur Changing Roorn Fund 4.700 F91nh Acts4 Fut .282 500 12.4981 Fèlmthh WÈekÈnd Away GKJdens SuppDrtfun¢ 1.835 5.845 4.01Q Z51 625 $00 376 ,220 18,68$ 1,320 Hardshlp Helston Outreach Toipj RE5kncied TDtsI Fund 6.125 12,$00 2,664 1S,460 319341 2.634 S70,95S 1,616,686 15,913 350.114 582.1 1,647,589 Thu £2,498 trgnsfVrfr F¥lwuth Ad84 Fut to unrétrithfund$ was tOCOvBr lorwèkBnd FutUwtrn¥fus ore Irom $1¢1&d ld> rp$trlcd lunds CQVÈrAddWond ts$idtted expan9dS. In thè w pertod the BU[1n9 Fwd Pool 4a5cL1s5KSed as an endowmeni fund. Htyeverltr lKing was sohl In 2021 After vethlcommunicaik1lh th&donor was aw294 funds 01£123,135 5hLwld be used forthe MIsshary Fund. Afurther£6.200 10 the Building Fund Pool ShDU have been rgcorded as Building Fd Hel5. rgsull ihe owning posityon has been restst8Oaccwdiryty 18
Ll ht & LW• Fr•• m•thOdl¢hUrch•1t Com¥AII 11. R•11t Party IranB•Gtlon¥ Toigl donabon$o1£14,080 wère receNed by Chjrchfrom 7 tpjslees. Total rdmbursedeyr49¥ of£1.$65wgrg tyy 2trus*g$frtrnthé ¢t¢h. 19
Independent Examlner's Report to the Trustees of the Light and Llfe Froe Methodlst Church West Cornwall Charity Number.. 1147067 I roport to the trustees on my 8xaminalion of the accounts of the Light and Le Fre8 Methodi51 Church Wesl Comwall for th8 yèar ended 31 December 2023. Rasponslbilitles and basis of report As the Church's Iru51ees, you are responsibla for thg preparation ol the accounts in accordance with th8 requirements of the Charities Act 2011 ('Ihe Acl'l. I report in respect of my examination of the Church's accounts carried out under section 145 of the Ad and. In carrwng out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14515llbl ol the Act. Indep•ndont Examinor's Statèment The Church's gross Income exceeded £250,000 and l am qualrfied to undertake the examination by being a qualified member of the Inslilule of Chart&red Ac¢ountanls in England and Wales. whi¢h is one of the listed bodies. I have completed my examination. I confirm that no material matters have come lo my attention in connection wlh the examination which give me cause to believe that in. any material respect.. the accounb'ng records were not kept in accordance with section 130 of the Act., or the accounts do not accord with the accounting records., or the accounts do not comply wth the applicable requirements conceming the form and wntenl of accounts sel out in the Charities IA¢counls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view, which is not a matter considered as part of an independent examination I have no CDncems and have come across no other mallers in connection wlh the examirialion lo which alt9ntion shoLJld be drawn in this report in order to enable a proper understanding of the accounts to be reached. Darren Perry Chartered Accountant IICAEWI Francis Clark LLP Lowin Housa Tregolls Road Tnjro TR12NA Dato.. 21 Cxk)ILr . 20