THE TREVITHICK SOCIETY ACCOUNTS FOR THE YEAR ENDED 31" DECEMBER 2025 Choritable Incorpornted Organisation No. 1159639
TIIE TREVITHICK SOCIETY CONTENTS Trustee's Report Trading and ProfAt and Loss Account Balance Sheet Notes to the Accounts Financial Report
THE TREVITHICK SOCIETY Charitable Incorporated Organisation No. 1159639 TRUSTEES REPORT FOR THE YEAR ENDED 31$t DECEMBER 2025 The Trustees submit their report and accounts for the year ended 31 December 2025 The charitS Principle Address is 17 Chiltern Road. Sandhurst, Berkshire GU47 8NB Tru5tee5 The following members arted as Trustees of the society during the year:_ Mr. D. Crewes (Deceased 20 September 2025) Mrs. S.E. Easterbrook Dr. C.N. French MT. B.A.L. Jones Mr. M. Newman Mr. K.J.T. RickaTd Mr. J.P.R. Rogers Mrs. E.S. Saunders Mr. G. Thorne Structure, Governance and Management The Trevithick Society is constituted as a Charitable Incorporated OrEanisation whose trustees are elected annually at an AGM. Objectives and Principle Activities The objectives of the Society are to advance the education of the public in Cornish industy and technology, including its history, around th¢ world in particular. but not exclusively, by.. - l. The study, presentation and global educational dissemination of rnatters concerned with Cornwall's industrial heritage. and collecting, recording and exhibiting plant. tnacbinery and records connected to the above. 2. Studying the life . achievements and ¢ff¢cts of Cornish inventors inckudKng Richard Trevithick 1771-1883- 3. Engaging in discussion with local Government and other bodi¢s Concerned with the above objects to ensure that Cornwall's p&%t and indStrial heritage are given due consideration in all respects" and 4. Disseminating all of the above using any manner or medi Tntstee J.P.li R gers Pag¢ I
TREVITHICK SOCIETY PROFIT & LOSS ACCOUNT for the year ended 31 December For the Year ended 31 December 2024 2025 Income Subscriptions Gift Aid Refimd Sales of Books- TortnaTk Press Sales of Books- Direct 10.394.00 0.00 11,117.00 3.404.58 1.060.00 2.583.65 3.643.65 11,820.001 1,823.65 250.00 306.00 1.647.95 3,942.54 5,590.49 12,950.001 Cost of Sale5 2,640.49 0.00 209.40 Spottsorship of Books Journal Sales 2,379.65 22.58 2.849.89 57.00 Donations Trfeived Trevithick Day In¢om¢ Less C05ts 515.08 0.00 160.001 515.08 160.IX)) AGM Dinner (30.00) 1404.001 1165.001 1165.001 {434.00) 280.00 11.092.311 Replica Road Loco Less Costs 14.10 11,023.36} 1812.311 1,543.47 387.20 11,009.26) 8,483.71 858 57 Investmenl In(x)me Sunth)" 14.262.67 Gross Ineome 25,267.49 Ex enditure Journal Printing Newsletter Printing Editorial Costs Royalties Adminstration Cost- Postage Ststionery Costs of lectures at Liskeard & KEM AtTiliaiion Ftts Insuramces & Leoal Website Costs Trevithick Dav Costs Camborne show costs Grdnt to Joel Griffett Donations paid Write off Slom. Moving Books Provision for Bad Oebt5 Provision for l O Yfar ller pressure testing Bank ¢harges- PayPal Sundry Expenses 12,992.20} 11.004.00} 1834.00) 141.521 11,968.411 1866.551 1382.001 149.001 1793.511 194.271 {2.739.00) {1,797.OD) (690.00) 124.63) (3,100.14) 1415.21) 1175.00) {49.00) (644.15) 1867.25) 1781 180.60) (500.00) (100.00) 13.945.001 236 00 (3,750 00} (9.78) 11,663.631 17.621 11,206.441 114.26152) Total Expenditsre {16.369.391 0.15 Excess ollneome oNer Expenditurt 8.898.10 Page 2
TREVITHICK SOCIETY BALANCE SHEET as at 31 December As at 31 December 2024 2025 Current Assets Debtors Less Provision for Bad & Doubtful Debts 8,170.05 8,095.00) 75.05 7,859.00 17,859.001 0.00 0.00 10,049.30 0.00 50.248.19 59.091.13 100,000.00 Prepayments Stocks of Books Cash at Bank- Bardays Current Account Cash at Bank- Lloyds Current 2¢¢0unt - E Lloyds No 2 Account - Uoyds Investrnenl Account 11,411.30 42,121.24 2,837.21 150,000.00 206,444.80 219,388.62 Current Liabilities Provision for 10 Year Boiler pressure testing Defeffed Income Credrtors Accruals 13.750.00} 184.00) 1112.00) (300.521 1624.241 (412.52) 14,458.241 206.032.28 Total Net Assets 214,930.38 RryeS 60,807.13 0.15 60,807 28 145,225.00 206,032.28 Retained Eamings Bl I&E Account Retsined Eamings CIFwd Reserves- Legacy Income Total Reserves Clfwd 60,807.28 8,898.10 69,705.38 145,225.00 214,930.38 TDJsteereaSUrer Dale 22 Jerry Rogers Reviewer Date tilwuÉ12o2 David Fletcher
The Trevithick Soci Notes to the fanCial staten]ents For the ¢ar ended 31° D¢cember I. Accounting Policies The Financial Statements are prepared under the historic cost convention and include the results of the Society's opetation5 as described in the Trustee's Report all of which are continuing. 2025 2024 2. Contribution to transport costs of th¢ replica Locomotive: _ App¢aranc¢ at Tr¢vithick Day and St Buryan Steom rally WESES Appearance 80 50 280 130 280 2025 2024 3. Replica Locomotive eosts= Boiler Testing Insurance Storage costs Sundry purch&%es Transport costs (3001 (159} {46111 (16) (504) (360) (i?0) (312) (1.139> (1.09?) Page 4
The Trevithick Soci Notes to the fllwicial statements continued For the ear ended 31 December 2025 2024 4. Sundry Income: AL4 Award Cash Bucket collections Sale of Cards Sum Up rec¢RPts Sale of Tea Towel and Sweat Shirt Non-member meetings income 200 29) 175 146 19 25 858 S. Sundry Expenditsre: Subscripiion to Zoom Software purchasc Sundry purch&8es New printer for Pete. Sheila Purchases of Printer ink cartridges M¢eting costs Purchase of external hard drii'e back up Transport of Elolman Compr¢ssor Replacement Lock at KEM Purchase of stAckers Business cards foi Ben Sumpter Pur¢h&se of Sum Up machine (156) (41)) 11.$6) {_ii?) 1147) {287) {139) 1115) {501 (141 {9001 (45) (4?) (1.6641 {1 ?06) Page 5
THE SOCIETY oiirETH.4S TREI'ITHICK Financlal Re ort to the CouncRI 2025 Income and Ex enditure Gn)ss Income of £25:117 and Expenditure of £16.-.?6C) gives a Net Profit of £8,748 Salient points are.. - Income Subscriptions £11,117 (?0?4 £10.394). The S(Kiety has worked wonders with [rUItIng new members during the year Gift Aid of £3.405 is the claim for 2022 and 2023. Direct Sales of Books at £3,942 compares very favourably to the ?0?4 annual figure of £2,584. The publication of These Treasured Hills won the Gorsedh's Holver an Gof awards helped with these gross sales. We have now collected £1.647 from Tor Mark for previous vears but it still owes £7,859. Eloivever, the net Sales of Books for books at £2.850 compares well to ?0?4 of £?.380. We have received £8,484 as Investment Income from our High interest account with Lloyds Bank. The Society was fortunate to invest at a time when there was a window of high interest rates applicable. Sundry Income is detailed in the notes on page 5. enditure The Journal for 2025 cost the Society £2,739 (?0?4. L?.99? . The Newsletter printing costs of £1,797 {90?4. £1.U114). This year the cost of the n¢MTsl¢tt¢r wer¢ inflated by one edition for 2024 Postage costs of £3.100 (2024. £1,968) again includes some costs Nthich by rights should have been picked up the previou5 year, but it does also reflect the vast increase in postage costs between the years. Page 6 Working M'ith Cornwall s Indugtrial Archaeolo. Charilable Jncorporaled Organisalion No. ' 1159639
The Website costs of £867 are primarily the deTrelopment work by Nigel Pengelly for the new website of £781. We agreed to Grani £500 to Joel Griffett to help defray the costs of his travel to C¢ntral America to research Richard Trevithick's time there. Donations of £100 is the money we gave Geevor Tin Mine by way of contribution for the guided tour by Mike Simpson in May I have also put in a Provision for the 10-year high pressure rest of the Puffin, Devil. This took me by surprise at the 2020 tcsL and thc purpose of this provision is to take out the volatility of the expense when it next becomes due in 20JO. The Sundry costs are detailed in the notes to the accounts Balance Sheet Debtors have come down to reflect the fact that Tor Mark has reduced their debi. Cash at Bank has increased overall due primarily to the Investment maturity and income and the Gift Aid claitned. Creditors have in¢reased primartly due to the Provision for the 10 year boiler high pressure lest of £3.750. In Summarv The Net Asset value of the Societv now stands at £214.930. Page 7 Iyorkg with GornFYalJ's IDdusthalAaeO]O%y ReK. ClkarityNo. 246586. PO kn 61 CAMBORNQ TR14 7ZN. Bstabjished 1935
THE TREVITHICK SOCIETY ACCOUNTS FOR THE YEAR ENDED 31" DECEMBER 2025 Choritable Incorpornted Organisation No. 1159639
TIIE TREVITHICK SOCIETY CONTENTS Trustee's Report Trading and ProfAt and Loss Account Balance Sheet Notes to the Accounts Financial Report
THE TREVITHICK SOCIETY Charitable Incorporated Organisation No. 1159639 TRUSTEES REPORT FOR THE YEAR ENDED 31$t DECEMBER 2025 The Trustees submit their report and accounts for the year ended 31 December 2025 The charitS Principle Address is 17 Chiltern Road. Sandhurst, Berkshire GU47 8NB Tru5tee5 The following members arted as Trustees of the society during the year:_ Mr. D. Crewes (Deceased 20 September 2025) Mrs. S.E. Easterbrook Dr. C.N. French MT. B.A.L. Jones Mr. M. Newman Mr. K.J.T. RickaTd Mr. J.P.R. Rogers Mrs. E.S. Saunders Mr. G. Thorne Structure, Governance and Management The Trevithick Society is constituted as a Charitable Incorporated OrEanisation whose trustees are elected annually at an AGM. Objectives and Principle Activities The objectives of the Society are to advance the education of the public in Cornish industy and technology, including its history, around th¢ world in particular. but not exclusively, by.. - l. The study, presentation and global educational dissemination of rnatters concerned with Cornwall's industrial heritage. and collecting, recording and exhibiting plant. tnacbinery and records connected to the above. 2. Studying the life . achievements and ¢ff¢cts of Cornish inventors inckudKng Richard Trevithick 1771-1883- 3. Engaging in discussion with local Government and other bodi¢s Concerned with the above objects to ensure that Cornwall's p&%t and indStrial heritage are given due consideration in all respects" and 4. Disseminating all of the above using any manner or medi Tntstee J.P.li R gers Pag¢ I
TREVITHICK SOCIETY PROFIT & LOSS ACCOUNT for the year ended 31 December For the Year ended 31 December 2024 2025 Income Subscriptions Gift Aid Refimd Sales of Books- TortnaTk Press Sales of Books- Direct 10.394.00 0.00 11,117.00 3.404.58 1.060.00 2.583.65 3.643.65 11,820.001 1,823.65 250.00 306.00 1.647.95 3,942.54 5,590.49 12,950.001 Cost of Sale5 2,640.49 0.00 209.40 Spottsorship of Books Journal Sales 2,379.65 22.58 2.849.89 57.00 Donations Trfeived Trevithick Day In¢om¢ Less C05ts 515.08 0.00 160.001 515.08 160.IX)) AGM Dinner (30.00) 1404.001 1165.001 1165.001 {434.00) 280.00 11.092.311 Replica Road Loco Less Costs 14.10 11,023.36} 1812.311 1,543.47 387.20 11,009.26) 8,483.71 858 57 Investmenl In(x)me Sunth)" 14.262.67 Gross Ineome 25,267.49 Ex enditure Journal Printing Newsletter Printing Editorial Costs Royalties Adminstration Cost- Postage Ststionery Costs of lectures at Liskeard & KEM AtTiliaiion Ftts Insuramces & Leoal Website Costs Trevithick Dav Costs Camborne show costs Grdnt to Joel Griffett Donations paid Write off Slom. Moving Books Provision for Bad Oebt5 Provision for l O Yfar ller pressure testing Bank ¢harges- PayPal Sundry Expenses 12,992.20} 11.004.00} 1834.00) 141.521 11,968.411 1866.551 1382.001 149.001 1793.511 194.271 {2.739.00) {1,797.OD) (690.00) 124.63) (3,100.14) 1415.21) 1175.00) {49.00) (644.15) 1867.25) 1781 180.60) (500.00) (100.00) 13.945.001 236 00 (3,750 00} (9.78) 11,663.631 17.621 11,206.441 114.26152) Total Expenditsre {16.369.391 0.15 Excess ollneome oNer Expenditurt 8.898.10 Page 2
TREVITHICK SOCIETY BALANCE SHEET as at 31 December As at 31 December 2024 2025 Current Assets Debtors Less Provision for Bad & Doubtful Debts 8,170.05 8,095.00) 75.05 7,859.00 17,859.001 0.00 0.00 10,049.30 0.00 50.248.19 59.091.13 100,000.00 Prepayments Stocks of Books Cash at Bank- Bardays Current Account Cash at Bank- Lloyds Current 2¢¢0unt - E Lloyds No 2 Account - Uoyds Investrnenl Account 11,411.30 42,121.24 2,837.21 150,000.00 206,444.80 219,388.62 Current Liabilities Provision for 10 Year Boiler pressure testing Defeffed Income Credrtors Accruals 13.750.00} 184.00) 1112.00) (300.521 1624.241 (412.52) 14,458.241 206.032.28 Total Net Assets 214,930.38 RryeS 60,807.13 0.15 60,807 28 145,225.00 206,032.28 Retained Eamings Bl I&E Account Retsined Eamings CIFwd Reserves- Legacy Income Total Reserves Clfwd 60,807.28 8,898.10 69,705.38 145,225.00 214,930.38 TDJsteereaSUrer Dale 22 Jerry Rogers Reviewer Date tilwuÉ12o2 David Fletcher
The Trevithick Soci Notes to the fanCial staten]ents For the ¢ar ended 31° D¢cember I. Accounting Policies The Financial Statements are prepared under the historic cost convention and include the results of the Society's opetation5 as described in the Trustee's Report all of which are continuing. 2025 2024 2. Contribution to transport costs of th¢ replica Locomotive: _ App¢aranc¢ at Tr¢vithick Day and St Buryan Steom rally WESES Appearance 80 50 280 130 280 2025 2024 3. Replica Locomotive eosts= Boiler Testing Insurance Storage costs Sundry purch&%es Transport costs (3001 (159} {46111 (16) (504) (360) (i?0) (312) (1.139> (1.09?) Page 4
The Trevithick Soci Notes to the fllwicial statements continued For the ear ended 31 December 2025 2024 4. Sundry Income: AL4 Award Cash Bucket collections Sale of Cards Sum Up rec¢RPts Sale of Tea Towel and Sweat Shirt Non-member meetings income 200 29) 175 146 19 25 858 S. Sundry Expenditsre: Subscripiion to Zoom Software purchasc Sundry purch&8es New printer for Pete. Sheila Purchases of Printer ink cartridges M¢eting costs Purchase of external hard drii'e back up Transport of Elolman Compr¢ssor Replacement Lock at KEM Purchase of stAckers Business cards foi Ben Sumpter Pur¢h&se of Sum Up machine (156) (41)) 11.$6) {_ii?) 1147) {287) {139) 1115) {501 (141 {9001 (45) (4?) (1.6641 {1 ?06) Page 5
THE SOCIETY oiirETH.4S TREI'ITHICK Financlal Re ort to the CouncRI 2025 Income and Ex enditure Gn)ss Income of £25:117 and Expenditure of £16.-.?6C) gives a Net Profit of £8,748 Salient points are.. - Income Subscriptions £11,117 (?0?4 £10.394). The S(Kiety has worked wonders with [rUItIng new members during the year Gift Aid of £3.405 is the claim for 2022 and 2023. Direct Sales of Books at £3,942 compares very favourably to the ?0?4 annual figure of £2,584. The publication of These Treasured Hills won the Gorsedh's Holver an Gof awards helped with these gross sales. We have now collected £1.647 from Tor Mark for previous vears but it still owes £7,859. Eloivever, the net Sales of Books for books at £2.850 compares well to ?0?4 of £?.380. We have received £8,484 as Investment Income from our High interest account with Lloyds Bank. The Society was fortunate to invest at a time when there was a window of high interest rates applicable. Sundry Income is detailed in the notes on page 5. enditure The Journal for 2025 cost the Society £2,739 (?0?4. L?.99? . The Newsletter printing costs of £1,797 {90?4. £1.U114). This year the cost of the n¢MTsl¢tt¢r wer¢ inflated by one edition for 2024 Postage costs of £3.100 (2024. £1,968) again includes some costs Nthich by rights should have been picked up the previou5 year, but it does also reflect the vast increase in postage costs between the years. Page 6 Working M'ith Cornwall s Indugtrial Archaeolo. Charilable Jncorporaled Organisalion No. ' 1159639
The Website costs of £867 are primarily the deTrelopment work by Nigel Pengelly for the new website of £781. We agreed to Grani £500 to Joel Griffett to help defray the costs of his travel to C¢ntral America to research Richard Trevithick's time there. Donations of £100 is the money we gave Geevor Tin Mine by way of contribution for the guided tour by Mike Simpson in May I have also put in a Provision for the 10-year high pressure rest of the Puffin, Devil. This took me by surprise at the 2020 tcsL and thc purpose of this provision is to take out the volatility of the expense when it next becomes due in 20JO. The Sundry costs are detailed in the notes to the accounts Balance Sheet Debtors have come down to reflect the fact that Tor Mark has reduced their debi. Cash at Bank has increased overall due primarily to the Investment maturity and income and the Gift Aid claitned. Creditors have in¢reased primartly due to the Provision for the 10 year boiler high pressure lest of £3.750. In Summarv The Net Asset value of the Societv now stands at £214.930. Page 7 Iyorkg with GornFYalJ's IDdusthalAaeO]O%y ReK. ClkarityNo. 246586. PO kn 61 CAMBORNQ TR14 7ZN. Bstabjished 1935
THE TREVITHICK SOCIETY ACCOUNTS FOR THE YEAR ENDED 31" DECEMBER 2025 Choritable Incorpornted Organisation No. 1159639
TIIE TREVITHICK SOCIETY CONTENTS Trustee's Report Trading and ProfAt and Loss Account Balance Sheet Notes to the Accounts Financial Report
THE TREVITHICK SOCIETY Charitable Incorporated Organisation No. 1159639 TRUSTEES REPORT FOR THE YEAR ENDED 31$t DECEMBER 2025 The Trustees submit their report and accounts for the year ended 31 December 2025 The charitS Principle Address is 17 Chiltern Road. Sandhurst, Berkshire GU47 8NB Tru5tee5 The following members arted as Trustees of the society during the year:_ Mr. D. Crewes (Deceased 20 September 2025) Mrs. S.E. Easterbrook Dr. C.N. French MT. B.A.L. Jones Mr. M. Newman Mr. K.J.T. RickaTd Mr. J.P.R. Rogers Mrs. E.S. Saunders Mr. G. Thorne Structure, Governance and Management The Trevithick Society is constituted as a Charitable Incorporated OrEanisation whose trustees are elected annually at an AGM. Objectives and Principle Activities The objectives of the Society are to advance the education of the public in Cornish industy and technology, including its history, around th¢ world in particular. but not exclusively, by.. - l. The study, presentation and global educational dissemination of rnatters concerned with Cornwall's industrial heritage. and collecting, recording and exhibiting plant. tnacbinery and records connected to the above. 2. Studying the life . achievements and ¢ff¢cts of Cornish inventors inckudKng Richard Trevithick 1771-1883- 3. Engaging in discussion with local Government and other bodi¢s Concerned with the above objects to ensure that Cornwall's p&%t and indStrial heritage are given due consideration in all respects" and 4. Disseminating all of the above using any manner or medi Tntstee J.P.li R gers Pag¢ I
TREVITHICK SOCIETY PROFIT & LOSS ACCOUNT for the year ended 31 December For the Year ended 31 December 2024 2025 Income Subscriptions Gift Aid Refimd Sales of Books- TortnaTk Press Sales of Books- Direct 10.394.00 0.00 11,117.00 3.404.58 1.060.00 2.583.65 3.643.65 11,820.001 1,823.65 250.00 306.00 1.647.95 3,942.54 5,590.49 12,950.001 Cost of Sale5 2,640.49 0.00 209.40 Spottsorship of Books Journal Sales 2,379.65 22.58 2.849.89 57.00 Donations Trfeived Trevithick Day In¢om¢ Less C05ts 515.08 0.00 160.001 515.08 160.IX)) AGM Dinner (30.00) 1404.001 1165.001 1165.001 {434.00) 280.00 11.092.311 Replica Road Loco Less Costs 14.10 11,023.36} 1812.311 1,543.47 387.20 11,009.26) 8,483.71 858 57 Investmenl In(x)me Sunth)" 14.262.67 Gross Ineome 25,267.49 Ex enditure Journal Printing Newsletter Printing Editorial Costs Royalties Adminstration Cost- Postage Ststionery Costs of lectures at Liskeard & KEM AtTiliaiion Ftts Insuramces & Leoal Website Costs Trevithick Dav Costs Camborne show costs Grdnt to Joel Griffett Donations paid Write off Slom. Moving Books Provision for Bad Oebt5 Provision for l O Yfar ller pressure testing Bank ¢harges- PayPal Sundry Expenses 12,992.20} 11.004.00} 1834.00) 141.521 11,968.411 1866.551 1382.001 149.001 1793.511 194.271 {2.739.00) {1,797.OD) (690.00) 124.63) (3,100.14) 1415.21) 1175.00) {49.00) (644.15) 1867.25) 1781 180.60) (500.00) (100.00) 13.945.001 236 00 (3,750 00} (9.78) 11,663.631 17.621 11,206.441 114.26152) Total Expenditsre {16.369.391 0.15 Excess ollneome oNer Expenditurt 8.898.10 Page 2
TREVITHICK SOCIETY BALANCE SHEET as at 31 December As at 31 December 2024 2025 Current Assets Debtors Less Provision for Bad & Doubtful Debts 8,170.05 8,095.00) 75.05 7,859.00 17,859.001 0.00 0.00 10,049.30 0.00 50.248.19 59.091.13 100,000.00 Prepayments Stocks of Books Cash at Bank- Bardays Current Account Cash at Bank- Lloyds Current 2¢¢0unt - E Lloyds No 2 Account - Uoyds Investrnenl Account 11,411.30 42,121.24 2,837.21 150,000.00 206,444.80 219,388.62 Current Liabilities Provision for 10 Year Boiler pressure testing Defeffed Income Credrtors Accruals 13.750.00} 184.00) 1112.00) (300.521 1624.241 (412.52) 14,458.241 206.032.28 Total Net Assets 214,930.38 RryeS 60,807.13 0.15 60,807 28 145,225.00 206,032.28 Retained Eamings Bl I&E Account Retsined Eamings CIFwd Reserves- Legacy Income Total Reserves Clfwd 60,807.28 8,898.10 69,705.38 145,225.00 214,930.38 TDJsteereaSUrer Dale 22 Jerry Rogers Reviewer Date tilwuÉ12o2 David Fletcher
The Trevithick Soci Notes to the fanCial staten]ents For the ¢ar ended 31° D¢cember I. Accounting Policies The Financial Statements are prepared under the historic cost convention and include the results of the Society's opetation5 as described in the Trustee's Report all of which are continuing. 2025 2024 2. Contribution to transport costs of th¢ replica Locomotive: _ App¢aranc¢ at Tr¢vithick Day and St Buryan Steom rally WESES Appearance 80 50 280 130 280 2025 2024 3. Replica Locomotive eosts= Boiler Testing Insurance Storage costs Sundry purch&%es Transport costs (3001 (159} {46111 (16) (504) (360) (i?0) (312) (1.139> (1.09?) Page 4
The Trevithick Soci Notes to the fllwicial statements continued For the ear ended 31 December 2025 2024 4. Sundry Income: AL4 Award Cash Bucket collections Sale of Cards Sum Up rec¢RPts Sale of Tea Towel and Sweat Shirt Non-member meetings income 200 29) 175 146 19 25 858 S. Sundry Expenditsre: Subscripiion to Zoom Software purchasc Sundry purch&8es New printer for Pete. Sheila Purchases of Printer ink cartridges M¢eting costs Purchase of external hard drii'e back up Transport of Elolman Compr¢ssor Replacement Lock at KEM Purchase of stAckers Business cards foi Ben Sumpter Pur¢h&se of Sum Up machine (156) (41)) 11.$6) {_ii?) 1147) {287) {139) 1115) {501 (141 {9001 (45) (4?) (1.6641 {1 ?06) Page 5
THE SOCIETY oiirETH.4S TREI'ITHICK Financlal Re ort to the CouncRI 2025 Income and Ex enditure Gn)ss Income of £25:117 and Expenditure of £16.-.?6C) gives a Net Profit of £8,748 Salient points are.. - Income Subscriptions £11,117 (?0?4 £10.394). The S(Kiety has worked wonders with [rUItIng new members during the year Gift Aid of £3.405 is the claim for 2022 and 2023. Direct Sales of Books at £3,942 compares very favourably to the ?0?4 annual figure of £2,584. The publication of These Treasured Hills won the Gorsedh's Holver an Gof awards helped with these gross sales. We have now collected £1.647 from Tor Mark for previous vears but it still owes £7,859. Eloivever, the net Sales of Books for books at £2.850 compares well to ?0?4 of £?.380. We have received £8,484 as Investment Income from our High interest account with Lloyds Bank. The Society was fortunate to invest at a time when there was a window of high interest rates applicable. Sundry Income is detailed in the notes on page 5. enditure The Journal for 2025 cost the Society £2,739 (?0?4. L?.99? . The Newsletter printing costs of £1,797 {90?4. £1.U114). This year the cost of the n¢MTsl¢tt¢r wer¢ inflated by one edition for 2024 Postage costs of £3.100 (2024. £1,968) again includes some costs Nthich by rights should have been picked up the previou5 year, but it does also reflect the vast increase in postage costs between the years. Page 6 Working M'ith Cornwall s Indugtrial Archaeolo. Charilable Jncorporaled Organisalion No. ' 1159639
The Website costs of £867 are primarily the deTrelopment work by Nigel Pengelly for the new website of £781. We agreed to Grani £500 to Joel Griffett to help defray the costs of his travel to C¢ntral America to research Richard Trevithick's time there. Donations of £100 is the money we gave Geevor Tin Mine by way of contribution for the guided tour by Mike Simpson in May I have also put in a Provision for the 10-year high pressure rest of the Puffin, Devil. This took me by surprise at the 2020 tcsL and thc purpose of this provision is to take out the volatility of the expense when it next becomes due in 20JO. The Sundry costs are detailed in the notes to the accounts Balance Sheet Debtors have come down to reflect the fact that Tor Mark has reduced their debi. Cash at Bank has increased overall due primarily to the Investment maturity and income and the Gift Aid claitned. Creditors have in¢reased primartly due to the Provision for the 10 year boiler high pressure lest of £3.750. In Summarv The Net Asset value of the Societv now stands at £214.930. Page 7 Iyorkg with GornFYalJ's IDdusthalAaeO]O%y ReK. ClkarityNo. 246586. PO kn 61 CAMBORNQ TR14 7ZN. Bstabjished 1935