**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