CHAPEL STREET METHODIST CHURCH PENZANCE

Registered charity 1147025 · accounts filings on the Charity Commission register

THE ADVANCEMENT OF THE CHRISTIAN FAITH IN ACCORDANCE WITH THE DOCTRINAL STANDARDS AND THE DISCIPLINE OF THE METHODIST CHURCH;

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Latest income

£264k

Latest spending

£109k

Registered

2012

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves are significantly above the stated policy target of £32,000, with total unrestricted funds at £9,745,765. However, the filing notes that general income falls short of core outgoings by approximately £18,000 annually, a situation described as not sustainable without drawing on reserves.

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

What the accounts disclose

Reserves policy: six months’ average expenditure (held: £9.7m)

“The Church Reserve Policy was reviewed by Church Councilin January 2020 and a General Reserve of £32,000 agreed. This was to hold a minimum sum equivalent to six months’ average expenditure” — page 3

Per its FY2025 accounts as filed with the Charity Commission.

Going concern: noted by the trustees or auditor

“The church will take time to reflect on the best way to use this to further mission at Chapel Street. Following the bequest the church finances remain ina positive position, but our general income continues to fall short of core outgoings by approximately £18,000.” — page 4

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Benefact Trust — “Methodist Church funds (both local and national) have been used but we are extremely grateful to the Benefact Trust for the £51,000 grant aw…” (source page)

Trustees · trustee networks

Rev RALPH HENRY WARDchair · trustee of 1 other charity
ANTHONY EDWARD JASPER · trustee of 2 other charities
GAVIN POOLE
Helen Graham Fifield
Julie Maria Reed
Kate Anne Poole
Lisa Ann Lavender · trustee of 1 other charity
MARGARET BAKER
MARY ELIZABETH BENNETTS · trustee of 1 other charity
Maurice Holland
PAUL CARTER SYMONS
SANDRA ANNE COX BA
Sharon Marie Howell
Valerie Joan Hocking
WINIFRED DOREEN HOCKING

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

Operates in: Cornwall

Income and spending

Financial year end	Income	Spending
31/08/2025	£264k	£109k
31/08/2024	£156k	£151k
31/08/2023	£164k	£92k
31/08/2022	£145k	£75k
31/08/2021	£89k	£102k

Common questions

Is CHAPEL STREET METHODIST CHURCH PENZANCE financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves are significantly above the stated policy target of £32,000, with total unrestricted funds at £9,745,765. However, the filing notes that general income falls short of core outgoings by approximately £18,000 annually, a situation described as not sustainable without drawing on reserves. Its FY2025 accounts were independently examined.