2024-12-31-accounts

Charity registration number 1180038

ST JUST MINERS' CHAPEL

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

ST JUST MINERS' CHAPEL

CONTENTS

	Page
Legal and Administrative	2
Trustees' report	3
Accountants' report	4
Statement of financial activities	5
Balance Sheet	6
Notes to the financial statements	7

Page 1

ST JUST MINERS' CHAPEL

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees	Ian Marsh - Chairman
	Bronwen Rowland (Resigned during the year)
	John Anderson
	Richard Trahair
	Marna Blundy
	Caroline Watling
	Robert Chadder
	Jack Roberts
Charity Number	1180038
Principal address	36 Lowen Bre
	Truro
	TR1 3FH
Accountant	Nero Accountancy
	27 Boskenna Road
	Four Lanes
	Redruth
	TR16 6LS
Bankers	Lloyds Bank Plc (Penzance)
	PO Box 8
	Market House
	Penzance
	TR18 2TN

Page 2

ST JUST MINERS' CHAPEL

ANNUAL REPORT

1st January 2024 - 31st December 2024

2024 was a year of planning and fundraising.

With the knowledge gained in 2023 that the only way to save the Chapel for the community was to purchase the freehold, we embarked on a major fundraising campaign and made grant applications.

Both of these endeavours were successful and thanks to generous support we met our fundraising target and heard in December 2024 that we had been given a grant from the Community Ownership Fund to acquire the Chapel.

This was monumentous news for our charity and we are so grateful to every individual and organisation who saw the value in this building and what it stands for.

Page 3

ST JUST MINERS' CHAPEL

ACCOUNTANTS' REPORT TO THE TRUSTEES OF ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ST JUST MINERS' CHAPEL FOR THE YEAR ENDED 31ST DECEMBER 2024

In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of St Just Miners' Chapel for the year ended 31 December 2023, which comprise the statement of financial activities and the related notes from the charity's accounting records and from information and explanation you have given us.

Basis of Independent Examiner's Report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity (including all receipts, invoices, bank statements and other financial documents) and a comparison of the Financial Statements for the year with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit. The report is limited to those matters set out in the statement below.

Independent Examiner's Report

In connection with my examination, no matter has come to my attention:

• 1 which gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in accordance with section 130 of the Charities Act 2011 to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or

• 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

Sarah Heath FMAAT, Accountant

Nero Accountancy 27 Boskenna Road Four Lanes Redruth TR16 6LS

Date: 30th May 25

Page 4

ST JUST MINERS' CHAPEL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDING 31 DECEMBER 2024

Income from: Donations and legacies 3 Grants 3 Other trading activities 4 Investments 5 Total income Expenditure on: Charitable Activities 6 Net (expenditure)/income for the year Net movement in funds Total funds at 1 January 2024 Fund balances at 31 December 2024	Unrestricted Funds 2024 £ 5822 20310 53691 187 80,010 43,964 36,046 27,949 63,975	Restricted Funds 2024 £ 0 955 955	Total 2024 £ 5822 20310 53691 187 80,010 43,964 36,046 28,904 64,930	2023 £ 1964 2023 9 3,996 4,649 -653 26,439 25,786

Page 5

ST JUST MINERS' CHAPEL

BALANCE SHEET INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDING 31 DECEMBER 2024

Notes Current assets Debtors 10 Cash at bank and in hand 11 Creditors: amounts falling due within one year 12 Net current assets Total Assets Less Current Liabilities Income funds Restricted funds 13 Unrestricted funds	£ £ - 65,290 65,290 -360 64,930 955 63,975 64,930 2024	£ £ - 29,244 29,244 -340 28,904 955 27,949 28,904 2023

These financial statements were approved by the Board of Trustees on and signed on their behalf by:

…............................................................ Trustee (print name)

Page 6

ST JUST MINERS' CHAPEL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDING 31 DECEMBER 2024

3 Donations and legacies Donations and gifts Gift Aid Grants receivable for core activities Grants receivable 4 Other trading activities Fundraising events Sale of goods Other Appeal Other trading activities 5 Investments Interest Receivable	Unrestricted Funds 2024 £ 3,279 2543.23 5,822 20,310 20,310 Unrestricted Funds 2024 £ 2,267 51,424 53,691 Unrestricted Funds 2024 £ 187	Unrestricted Funds 2023 £ 11,969 11,969 11981 11,981 Unrestricted Funds 2023 £ 689 - 300 2,023 Unrestricted Funds 2023 £ 161

Page 7

ST JUST MINERS' CHAPEL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDING 31 DECEMBER 2024

----- Start of picture text -----
||||| |---|---|---|---| |6|Charitable Activities|Unrestricted|Unrestricted| |Funds|Funds| |2024|2023| |£|£| |Postage and stationery|88.99|46| |Events|2726.10|1249| |Maintenance|436.20|595| |Utilities|576.38|6223.12| |Bank Charges|101| |Professional fees|39263.01|14820| |Advertising|92.49| |Shop|777.02| |Bank Charges|-33.63| |Equipment|36.99| |43,964|23,034|

----- End of picture text -----

Charitable activity includes payments to the accountants of £360 for accounts production.

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

8 Employees

The average monthly number of employees during the year was:

----- Start of picture text -----
||| |---|---| |2024|2023| |Number|Number| |-|-| |Total|

----- End of picture text -----

9 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 2523 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

Page 8

ST JUST MINERS' CHAPEL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDING 31 DECEMBER 2024

10 Debtors: Amounts falling due within one year: Other debtors 11 Cash in hand and at the bank Current Account Deposit Account Cash Held 12 Creditors: Amounts falling due within one year Accruals and deferred income	2024 £ - 2024 £ 15,289.63 50,000.00 - 65,289.63 2024 £ 360	2023 £ - 2023 £ 10,762.72 18,480.86 29,243.58 2023 £ 340

13 Restricted Funds

The income funds of the charity include restricted funds comprising the following unexpended balance of donations and grants held on trust for specific purposes:

William Baker Organ Scholarship Fulmer Charitable Trust - Bursary

Movement Movement In Funds In Funds Balance at Incoming Balance at Incoming 01-Jan-23 Resources 01-Jan-23 Resources £ £ £ £ 455 - 455 - 500 - 500 - 955 - 955 -	Balance at 31-Dec-23 £ 455 500 955

Page 9

14 Analysis of net assets between funds

respresented by: Assets/(liabilities) Fund balances at 31 December 2023 are	Unrestricted Funds 2024 £ 63,975 63,975	Restricted funds 2024 £ 955 955	Total 2024 £ 64,930 64,930	Unrestricted Funds 2023 £ 24,831 24,831 24,831	Restricted Funds 2023 £ 955 955 955	Total 2023 £ 25,786 25,786 25,786

15 Related party transactions

During the year the charity received donations from trustees totalling £Nil (2023: £Nil)

Page 10