LIGHT AND LIFE FREE METHODIST CHURCH WEST CORNWALL
The promotion of the Christian faith in the area served by the Helston, Penzance,Truro,Hayle,Pool and Falmouth Churches, and surrounding areas. The charity was established for Christian worship, prayer, Bible teaching and preaching of the Christian Gospel. We seek to serve the local community by providing a place of prayer and worship,meeting needs of the community and helping individuals in need.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £14,968 for the year ended 31 December 2024, with total funds increasing to £1,662,527. The trustees report that free unrestricted reserves of £124,000 are sufficient, representing roughly five months of unrestricted fund expenditure. The charity operates a defined contribution pension scheme and has no disclosed pension deficit.
What the accounts disclose
“a level that the trustees feel is sufficient and is roughly equivalent to five months unrestricted fund expenditure.” — page 7
“Michael Bretton received remuneration of £31,402 in the year for his role as Lead Pastor.” — page 15
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "within" (FY2024).
Trustees
- DAVID KEITH PARKER
- Gemma Hares
- James Greene
- John Sawyer
- SIMON VANDERPLANK
- William Mark Rapson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £367k | £352k |
| 31/12/2023 | £350k | £319k |
| 31/12/2022 | £315k | £341k |
| 31/12/2021 | £355k | £344k |
| 31/12/2020 | £369k | £292k |
Common questions
Is LIGHT AND LIFE FREE METHODIST CHURCH WEST CORNWALL financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £14,968 for the year ended 31 December 2024, with total funds increasing to £1,662,527. The trustees report that free unrestricted reserves of £124,000 are sufficient, representing roughly five months of unrestricted fund expenditure. The charity operates a defined contribution pension scheme and has no disclosed pension deficit. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DUCHY HEALTH CHARITY LIMITED | 1 | £4k |
Charities like this
- LIGHT AND LIFE FREE METHODIST CHURCH EAST CORNWALL
- THE LIFE AND LIGHT MISSIONS
- LIFE COMMUNITY CHURCH BRISTOL
- NEW LIFE CHURCH CARDIGAN TRUST
- LIVING LIGHT CHRISTIAN CHURCH TAUNTON
- CENTRAL METHODIST CHURCH HELSTON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LIGHT AND LIFE FREE METHODIST CHURCH WEST CORNWALL | £367k | — | 0 | within | — | no doubt |
| LIGHT AND LIFE FREE METHODIST CHURCH EAST CORNWALL | £443k | — | 0 | above | — | no doubt |
| THE LIFE AND LIGHT MISSIONS | £921k | — | 0 | unclear | — | no doubt |
| LIFE COMMUNITY CHURCH BRISTOL | £209k | — | 0 | unclear | — | no doubt |
| NEW LIFE CHURCH CARDIGAN TRUST | £291k | — | 0 | unclear | — | no doubt |
| LIVING LIGHT CHRISTIAN CHURCH TAUNTON | £420k | — | 0 | unclear | — | no doubt |