TRURO METHODIST CHURCH

Registered charity 1131902 · accounts filings on the Charity Commission register · also known as TMC

To serve the community of Truro through religious, social and spiritual activities for a full age range of people. To provide a safe place for mutual support and development where each person can achieve their full God-given potential. To promote, through teaching and discussion the principles and lifestyle of the Christian faith.

Causes: Religious Activities · website · Get email alerts

Latest income
£1.7m
Latest spending
£337k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total unrestricted free reserves of £393,000 currently exceed the trustees' stated policy target of £194,000, which is derived from a requirement to hold six months of unrestricted expenditure and a capital reserve. The charity received a significant grant of £952,000 for the Truro Community Hub project during the year, contributing to a substantial increase in net assets. The auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Payments to trustees: Payments made to trustees as lay workers or for additional services provided to the Church by agreement with the Church Council Meeting
“Payments made to trustees as lay workers or for additional services provided to the Church by agreement with the Church Council Meeting” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from subsidiary
“Truro Methodist Church received a donation of £6,500 (2024: £7,518) from it's wholly -owned subsidiary, Sambells (Truro) Limited.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Sambells (Truro) Limited
“Truro Methodist Church holds the entire share capital of it's wholly-owned trading subsidiary, Sambells (Truro) Limited.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by TC Group Chartered Accountants. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.7m
Total spending
£337k
Reserves (reported)
£393k
Employees
5

Reported reserves equal ~14.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (82% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/08/2025£1.7m£337k
31/08/2024£472k£276k
31/08/2023£373k£259k
31/08/2022£565k£237k
31/08/2021£235k£215k

Common questions

Is TRURO METHODIST CHURCH financially healthy?

Per its FY2025 accounts: The accounts state that total unrestricted free reserves of £393,000 currently exceed the trustees' stated policy target of £194,000, which is derived from a requirement to hold six months of unrestricted expenditure and a capital reserve. The charity received a significant grant of £952,000 for the Truro Community Hub project during the year, contributing to a substantial increase in net assets. The auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by TC Group Chartered Accountants.

Who funds TRURO METHODIST CHURCH?

Funders whose own accounts filings name TRURO METHODIST CHURCH as a grant recipient include GARFIELD WESTON FOUNDATION, DUCHY HEALTH CHARITY LIMITED.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
GARFIELD WESTON FOUNDATIONFY2024£250kFaith
DUCHY HEALTH CHARITY LIMITEDFY2026£25k
DUCHY HEALTH CHARITY LIMITEDFY2025£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with City Life Church Truro.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TRURO METHODIST CHURCH£1.7m—0above—no doubt
City Life Church Truro FY2025£238k—0above—no doubt
Hope Church Truro FY2024£134k—0unclear—no doubt
TRINITY CHURCH WEST LONDON FY2025£200k—0above—no doubt
THE TRURO DIOCESAN BOARD OF FINANCE LIMITED FY2024£7.1m——below—no doubt
CENTRAL CHURCH TORQUAY FY2025£140k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.