Dear Member
Please find enclosed the 2025 balance sheet, a list of bank accounts, invested funds and a brief summary below.
Income from collections, standing orders and loose collections
Increased to £13,086.48 as compared to £12,012.28 for 2024.
Sales, Weddings, Funeral fees, HMRC refund & Donations.
Income was £1,729.88 as compared to £4,586.77 for 2024. (The HMRC tax refund claim of £1,627.60 for the year was not paid until January 2026)
Local Giving
Income via Local Giving was £1,015.47 as compared to £903.18 for 2024.
Grants Received
Total Grants received was £27,177.00 as compared to £33,645.00 for 2024 National Grid , Re : 48 hour power loss £ 365.00 Wood Green Trust Re: Heating costs Graig Hub 500.00 General Assembly Re: Sustentation Fund 1,500.00 Vale Europe Ltd Re: Toy Appeal 1,100.00 Vale EuropeLtd Re: Food poverty Appeal 2,200.00 City & County Swansea Re: Food poverty Appeal 750.00 Unitarian Transformers Re: Innovation Fund 2,000.00 Neath & Port Talbot CBC Re: Food Poverty Grant 4,000.00 Trustees of Essex Re: Innovation Fund 5,000.00 Vale Europe Ltd Re:Graig Oil tank & Pipework 9,762.00 Total £27,177.00 Invested Funds
Income decreased to £5,040.61 as compared to £5,838.38 for 2024.
Total income & Expenditure re: G&G General account, G &G Development account, and G & G Garden account
2025 2024 Income £78,524.86 £56,994.61 Expenditure £74,702.74 £74,203.45 Trading gain £ 3,822.12 Trading Loss (£22,208.84) The balance in our current account on 31/12/24 was £19,804.77. £1,175.56 is allocated to #Blessed.
Donations
We donated £348.00 to Ty Olwen, £50.00 to the DPJ Foundation, £100.00 to Kendal Unitarian Church and £100.00 to the Unitarian College.
Successful Food Poverty & Toy Appeals by the Social Events Group allowed us to distribute toys and food hampers to the value of £8,840.30
Bank Saving accounts and Invested Funds
Our invested funds made a capital loss of £1,183.46 as compared to gains of £8,884.52 for 2024.
Total capital decreased to £204.847.22 as compared to £207.246.17 for 2024
On 31/12/25 we had £29.783.58 in bank accounts and £175,063.64 invested in charitable funds.
The enclosed balance sheet for the General Account, Development Fund and the Gellionnen & Graig Garden Fund accounts have been audited and signed off by Fergusons & Peters, Chartered Accountants, 4 High Street, Pontardawe. They also confirm that the list of bank and investment funds balances at 31/12/25 have been reconciled with the bank statements provided. Cost of the audit is £474 as compared to £432 for 2024.
I wish to thank everyone that donate at our Sunday services , the increasing monthly standing orders and for the voluntary work, which are all vital to our running and growth. Please contact me if you require any further information
Robert James, Treasurer. 24/07/26
- GELLIONNEN & GRAIG BANK AND INVESTMENT FUNDS BALANCES: 31/12/2024 31/12/2025 Payments to Balances Income/ Fund Current account Balances 31/12/24 Interest Growth/Loss Expenditure from Funds 31/12/25 Gellionnen & Graig Current Account £14,027.45 £78,524.86 £72,747.54 £ 19,804,77 Gellionnen Development Fund £ 37.13 £ 306.15 £ 306.15 £ 37.13 Gellionnen & Graig Garden Fund £11,858.98 £ 0.00 £1,955.20 £ 9,903.78 Graig Women’s League £ 37.90 £ 37.90 Coif Charities Deposit Fund £20.000.00 £ 836.66 £ 836.66 £ 20,000.00 M & G Investments, Charifund £ 27.763.41 £ 0.00 £27,763.41 £ 0.00 CCLA, Ethical Investment Fund £ 41,606.05 £27,763.41 (£ 127.41) £ 1,693.86 £ 67,548.19
.
CCLA, Coif Charity Investment Fund £ 91,915.25 (£ 1,892.71) £ 2,507.09 £ 87,515.45 . . Total £207,246.17 + £106,594.42 - (£ 1,183.46) - - (£75,008.89) (£32,801.02) = £204,847.22
BALANCE SHEET FOR YEAR ENDED 31ST DECEMBER 2025
| INCOME B/F from 31/12/24 14,027.45 £ 37.13 £ 11,858.98 £ Collections Envelopes } Loose } 4,824.68 £ S/Orders 8,261.80 £ Christmas Appeal 214.89 £ Wedding & Funeral Fees 1,150.00 £ Transfer to Ccla 27,763.41 £ Insurance Claim 2,712.00 £ Grants 27,177.00 £ Local giving 1,015.47 £ Donations 365.00 £ Investments Funds, Dividends & Interest M& G Charifund - £ CCLA Coif Deposit 838.66 £ CCLA Coif Ethical 4,201.95 £ Blackrock Investment - £ |
14,027.45 £ 37.13 £ 11,858.98 £ 4,824.68 £ 8,261.80 £ 214.89 £ 1,150.00 £ 27,763.41 £ 2,712.00 £ 27,177.00 £ 1,015.47 £ |
14,027.45 £ 37.13 £ 11,858.98 £ 13,086.48 £ 60,032.77 £ 365.00 £ 5,040.61 £ 104,448.42 £ |
EXPENDITURE Ministry Visiting Preachers Repairs Cleaning Roof Repairs Stationery/Stamps/Xmas/ Newsletter/Hymn Books GA Quota Subscriptions Building Insurance Accountancy Utilities Water Electricity/Gas Payroll Grass Cutting Gift Travel Transfer to CCLA Donation Poverty Appeal Expenses Flowers Goods Organist Easter Appeal Christmas appeal Training Balance at 31/12/25 Balance at 31/12/25 Balance at 31/12/25 |
18,645.94 £ 1,280.55 £ |
19,926.49 £ 3,573.66 £ 193.77 £ 1,050.00 £ 339.00 £ 4,635.27 £ 548.00 £ 1,355.58 £ 43,080.97 £ 19,804.77 £ 37.13 £ 9,903.78 £ |
|---|---|---|---|---|---|
| 815.32 £ 46.34 £ 2,712.00 £ |
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| 193.77 £ |
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| 1,050.00 £ |
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| 339.00 £ |
|||||
| 365.00 £ |
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| 4,635.27 £ |
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| M& G Charifund CCLA Coif Deposit CCLA Coif Ethical Blackrock Investment |
548.00 £ |
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| 195.05 £ 1,160.53 £ |
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| 3,823.91 £ 1,200.00 £ 20.40 £ 20.00 £ 27,763.41 £ 598.00 £ 6,064.89 £ 264.38 £ 163.85 £ 30.00 £ 2,500.00 £ 275.41 £ 356.72 £ |
|||||
| 104,448.42 £ |
I am satisfied the above is an accurate summary of the movement on the account for the year ending 31 December 2025 in the bank statements. I have obtained satisfactory explanations and seen documentary evidence to support the expenditure incurred.
Fergusons & Peters Mr D Beniamous