21st Century Church
Report and Accounts Year ended 31 March 2025
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
21ST CENTURY CHURCH
LEGAL & ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2025
ADDRESS FOR CORRESPONDENCE Saron Chapel Pentrepoeth Road Llanelli SA15 4HG GOVERNING DOCUMENT Declaration of Trust dated 14 February 1995 CHARITY REGISTRATION NUMBER 1047101 TRUSTEES RESPONSIBLE FOR MANAGING THE CHARITY Nia Collier (appointed June 2024, resigned October 2024) Ceri Curry-Pound (appointed October 2024) Emma Curry-Pound (appointed October 2024) Heulwen Davies (appointed March 2025) Joshua Davies (appointed March 2025) Karly Haverly (resigned October 2024) Clair Merrigan (appointed October 2024) Ian Roberts (resigned October 2024) Kevin Thomas (resigned October 2024) Ruth Visick-Evans (appointed June 2024, resigned October 2024) BANKERS Lloyds Bank plc INDEPENDENT EXAMINER Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
INDEX
Page 1 Legal & Administrative Details Pages 2-6 Trustees' Report Page 7 Independent Examiner's Report Page 8 Receipts and Payments Account Page 9 Statement of Assets & Liabilities Pages 10-11 Notes to the Accounts
Page 1
2024-2025 End of Year Report
The Trustees present the Report and Accounts for the year ended 31 March 2025.
Objects
The primary objective of the Trust is to advance the Christian faith in Llanelli and the surrounding area.
It seeks to do this in two ways: first, by reaching out widely to those who do not yet attend church; and second, by leading and discipling existing members in following Jesus Christ. Every aspect of the church serves these aims through activities such as music, preaching, youth and kids' ministries, Bible studies, creative media, and alleviating poverty.
Everything we do seeks to serve the Great Commission (Matthew 28).
Review of the Year
The 2024/25 period was a year of change as we restructured and reoriented, including my appointment as Pastor and changes in the Board of Trustees. These changes culminate in our journey toward becoming a Charitable Incorporated Organisation (CIO) with a rebrand, including a new name which was launched in late 2025. This season of transition has not been without challenge, yet we are pleased to report that we ended the financial year in a place of strength and full of hope for the future.
We have seen growth in teams, remarkable willingness to serve, and a steadfast commitment to follow Jesus and build His church. New people have joined us, faith has been found, and baptisms are planned for the summer. By restructuring for the future, we are positioning ourselves for growth in all areas, ensuring strong foundations for the years ahead.
Ministry Highlights
11am Sunday Services
Sunday services continue to be a weekly highlight. With new people and families attending and getting involved, it has been encouraging to see steady progress. Our Creative Team faithfully leads worship each week, and our Preachers remain committed to proclaiming the breadth of Scripture in relevant and engaging ways.
Highlights this year included Easter and Christmas services (with stellar performances from the kids), Mother's Day and Father's Day with moments of honour and gifts for all, guest speakers, a free summer BBQ, and more.
These services are made possible by the many volunteers and teams who serve - from Hosting to Hospitality, Kids to Creative. We are grateful to be a church not built on the talents of a few, but on the sacrifice of many.
Page 2
0-25s (Kids, YTH, YA)
We appointed a new leader to oversee 0-25s as we changed our approach to reaching, discipling and supporting the younger and rising generations. This has been a hugely beneficial as we have thought strategically about provisions, volunteer capacity and continuity. We worked together to make plans for the coming year, including an application for funding for a new Resilient Teens project. This went on to transform a tired space into an exciting environment for children, youth, and young adults, which was launched in September 2025.
The team continues to run Kids and Youth Clubs weekly, welcoming children from diverse backgrounds into a fun, free and safe space as well as Sunday Kids Church and regular YA (Young Adults) socials.
Love Justice
We continue to champion justice causes, hosting Compassion Sundays, sponsoring two children directly, and supporting charities such as Home for Good, A21, Open Doors, Samaritan's Purse, and Heirs.
As a Samaritan's Purse collection centre, we received around 300 shoeboxes from members and the wider community.
Heirs, birthed from this church, is now an independent charity. As it expands across Wales, we remain supporters, both through practical partnership (e.g., hiring church space) and as ambassadors for its mission.
Mid-week Meetings
Our vision is to go wide in reach and deep in relationships. Connect Groups and Prayer Meetings remain central to this, providing space for study, discipleship, and community. It has been a particular joy to see new believers attending with openness and wonder.
Partnership
As part of our restructuring, we reintroduced the Partnership model. This structure enables attendees to become more integral to the core of the church. Our Partners' meetings have created a space for questions, ideas, and information to flow throughout the church, and to eat together! This structure has proved vital for navigating change together.
Siloah Project
Siloah has made strong progress this year. With National Lottery Heritage Fund Development Phase support, we appointed a new part-time staff member to manage expenditure and liaise with consultants.
Significant steps have been taken in funding applications, surveys, planning, and design. Siloah remains on track to open in 2029, with key milestones ahead in funding and design development.
Page 3
CIO Transition
Through Siloah funding, the legal fees for becoming a CIO (Charitable Incorporated Organisation) were covered. Our solicitors are working with the new Trustee board to establish Century Church CIO, which has now been set up.
Other Areas
Ongoing work has also included building maintenance, safeguarding, administration, health and safety, fire systems, and cleaning. We are grateful for the many who serve faithfully behind the scenes in these essential areas.
Conclusion
This has been a year of significant change, but as our founding pastor often reminded us: "Constant change is here to stay."
Although change is not always easy, we are grateful for clear progress in the church, for the behind-the-scenes changes that have put us on a sure footing for the future, for strong teams, and a zeal for the house which consumes us. Above all, we give thanks for the faithfulness of God, who is with always with us.
Looking Ahead
As we step into 2025/26, we do so with expectation and hope. We will:
-
Launch the rebrand and new CIO framework with clarity and confidence.
-
Open the Resilient Teens space and extend outreach.
-
Reach more people through Sunday services, online and media endeavours, mid-week clubs and groups and events.
-
Deepen discipleship through mid-week groups and Sunday worship.
-
Advance Siloah into its next funding and design stages.
We press on, knowing that "If the Lord had not been on our side" (Psalm 124:1), our labour would be in vain. But by His grace, we look ahead with hope, determination, and dedication to run the race marked out for us.
Thank you for your prayers, partnership, and support.
For Thy Kingdom Come,
Heulwen Davies, BA (Hons), MTh
Pastor, 21st Century Church
Page 4
Financial Review
During the year, income decreased from £161,700 to £88,300, and expenditure decreased from £163,500 to £94,300. As a result, the cash held by the charity decreased by £6,000 to £11,400, £7,800 of which is restricted – see reserves policy below and funds notes 6 and 7.
Reserves Policy
The trustees have determined that the charity should hold no less than £4,000 of unrestricted cash (around one month of expenditure) to ensure continuity should income or expenditure vary adversely.
The trustees are aware of the low level of general funds and are taking appropriate steps to address this, including reducing staffing and overhead costs and reviewing income generation to ensure longer-term financial sustainability. Subsequent to the year end, the financial position has shown encouraging improvement.
Trustees have thoroughly reviewed the financial landscape and are actively implementing strategies to manage the charity within its forecasted future funding. The church remains financially supported by regular giving and grants.
The trustees wish to thank all staff and volunteers for their faithful service during the year.
Page 5
Governance
The trustees are responsible for the affairs of the church. Day-to-day management and implementation of policy are delegated to the Church Leadership Team.
Responsibilities of Trustees
In planning the activities, the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Charity law requires Trustees to prepare financial statements for each accounting year, recording receipts and payments. Trustees are also responsible for:
-
Keeping proper accounting records.
-
Ensuring compliance with the Charities Act 2011.
-
Safeguarding assets.
-
Preventing fraud and other irregularities.
Approval
This report was approved by the trustees and signed on their behalf by:
C. Curry Pound ~~___~~ C. Curry Pound (Jan 27, 2026 10:39:07 GMT) ____
Ceri Curry-Pound
Date: Jan 27, 2026
Page 6
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
21ST CENTURY CHURCH
I report to the trustees on my examination of the accounts of 21st Century Church ('the charity') for the year ended 31 March 2025 on pages 8 to 11 following.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in accordance with section 130 of the 2011 Act; or
- the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J. Young J. Young (Jan 28, 2026 14:41:58 GMT)
Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: Jan 28, 2026
Page 7
21ST CENTURY CHURCH
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Notes Income receipts Donations Gift aid receipts Other gifts and grants Income from venue hire Income from charitable activities Income from conferences and events Other Total receipts Payments 2 3 Total payments Transfers between funds 6 Net movement in funds Cash funds as at last year end Cash funds at this year end A Net of receipts / (payments) before Grants paid in relation to charitable activities undertaken by others Payments in relation to charitable activities undertaken directly |
General Designated Funds Funds £ £ 46,603 - 9,124 - 8,432 - 350 - 5,069 - 3,683 - 960 - 74,221 - 72,934 - 768 - 73,702 - 519 - 3,780 - 4,299 - (683) - 3,616 - Unrestricted Funds |
Restricted Funds £ 1,973 - 12,095 - - - - 14,068 19,558 1,049 20,608 (6,540) (3,780) (10,320) 18,139 7,819 |
2025 £ 48,575 9,124 20,527 350 5,069 3,683 960 88,289 92,492 1,817 94,309 (6,021) - (6,021) 17,456 11,435 |
2024 £ |
|
|---|---|---|---|---|---|
| General Funds £ 46,603 9,124 8,432 350 5,069 3,683 960 74,221 72,934 768 73,702 519 3,780 4,299 (683) 3,616 |
|||||
| 83,407 14,790 51,141 500 8,688 3,191 - |
|||||
| 161,718 | |||||
| 161,429 2,038 |
|||||
| 163,467 | |||||
| (1,749) - |
|||||
| (1,749) 19,205 |
|||||
| 17,456 |
The notes on pages 10 - 11 form part of these accounts.
Page 8
21ST CENTURY CHURCH
STATEMENT OF ASSETS AND LIABILITIES
AS AT THE YEAR ENDED 31 MARCH 2025
| Notes A Cash funds Cash at bank with immediate access B Other monetary assets Gift aid due to charity Other debtors C Liabilities Falling due within one year Loan from Heirs Note 7 Agency funds Note 5 Mortgage (drawn 2014) Mortgage (drawn 2015) Pension due PAYE due Accounts preparation and examination Falling due after one year: Loan from Heirs Note 7 Mortgage (drawn 2014) Mortgage (drawn 2015) Total |
Unrestrict | Designated funds £ - - - - - - - - - - - - - - - - - - ed Funds |
Restricted funds £ 7,819 7,819 - - - - - - - - - - - - - - - - |
2025 £ 11,435 11,435 185 - 185 3,000 500 19,030 1,950 - - 1,680 26,159 3,250 76,033 7,491 86,774 112,934 |
2024 £ |
|
|---|---|---|---|---|---|---|
| 17,456 | ||||||
| 17,456 | ||||||
| 2,881 895 |
||||||
| 3,776 | ||||||
| - - 15,216 1,593 538 2,008 1,380 |
||||||
| 20,735 | ||||||
| - 91,244 8,973 |
||||||
| 100,217 | ||||||
| 120,952 |
The first mortgage referred to above is secured on Saron Chapel and 2 Pentrepoeth and will mature in October 2030. The second mortgage referred to above is also secured on Saron Chapel and 2 Pentrepoeth and will mature in September 2030.
D Assets retained for charity's own use
| Saron Chapel 2 Pentrepoeth, Llanelli Siloah Chapel Siloah and Saron Chapels - fixtures, fittings and equipment |
Value 2025 £ 192,103 192,103 |
Value 2024 £ |
|---|---|---|
| 191,166 | ||
| 191,166 |
(Current values for properties have not been quoted because reliable valuations are not available and disclosure is not mandatory.)
The trustees have used insurance values for contents and equipment as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values.
The accounts were approved by the trustees and signed on their behalf by:
C. Curry Pound _____Ceri Curry-Pound C. Curry Pound (Jan 27, 2026 10:39:07 GMT)
Date:_____ Jan 27, 2026
The notes on pages 10 - 11 form part of these accounts.
Page 9
21ST CENTURY CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Employment costs Conference and events Insurance Mortgage repayments Building maintenance, repairs and cleaning Siloah building project (including salaries) Utilities, rates and phone Food and Catering Costs Ministry, training and other charitable activities Music, PA and recording equipment Youth and children's ministry Other equipment, software and web maintenance Governance and professional fees Administration and support 3 Grants paid in relation to charitable activities undertaken by others Organisations: Heirs [charity no. 1210535] See note 7 Organisations < £1k Individuals: Bible college support |
Unrestricte | Designated funds £ - - - - - - - - - - - - - - - - - - - d Funds |
Restricted Funds £ 7,280 - - - 95 3,481 - - 4,449 2,418 - - - 1,836 19,558 1,049 - - 1,049 |
2025 £ 27,505 5,643 4,334 20,979 1,959 3,481 8,397 1,743 5,901 3,231 548 568 5,596 2,608 92,492 1,049 768 - 1,817 |
2024 £ |
|
|---|---|---|---|---|---|---|
| General funds £ 20,225 5,643 4,334 20,979 1,864 - 8,397 1,743 1,453 813 548 568 5,596 772 72,934 - 768 - 768 |
||||||
| 89,320 5,350 6,232 16,809 11,916 3,476 6,296 1,999 10,669 2,568 2,537 1,125 1,003 2,130 |
||||||
| 161,429 | ||||||
| - 1,138 900 |
||||||
| 2,038 |
4 Transactions with related parties
No payments were made to trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.
Page 10
21ST CENTURY CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
5 Acting as agent
The Heirs ministry was registered as a separate charity on 17th October 2024. A £500 grant was received in December 2024 for this ministry. The grant has been received as agent for Heirs and will be paid to them in the new financial year, so it has been excluded from the 21CC income and is shown as a creditor in the statement of assets and liabilities.
| 6 Movement of funds General funds Restricted funds Siloah funds Siloah Chapel project Social outreach projects [Heirs] Heirs ministry grant 2022 Heirs ministry grant 2023 Heirs other grants and donations Other Total funds |
Opening balance £ (683) 63 - 1,217 8 7,052 9,799 - 18,139 17,456 |
Receipts £ 74,221 - 12,000 - - - 1,973 95 14,068 88,289 |
Payments £ (73,702) (70) (5,899) (1,217) (8) (7,272) (6,047) (95) (20,608) (94,309) |
Transfers £ 3,780 6 (6) - - 220 (4,000) - (3,780) - |
Closing balance £ 3,616 - 6,095 - - - 1,724 - |
|---|---|---|---|---|---|
| 7,819 | |||||
| 11,435 |
The Siloah fund relates to donations for the purpose of expenditure relating to the Siloah Chapel.
The Siloah Chapel fund is for a renovation project of the Chapel project and expenditure this year consists of scaffolding, employment costs to manage the project and a laptop.
The Social outreach projects funds include donations towards the Caru Cartref ministry and the Heirs ministry.
The 2022 and 2023 Heirs ministry grants related to funds donated to pay for 12 months of employment costs for this ministry. These were used up in the year.
Heirs 'other' relates to other grants and donations given to support the Heirs ministry. There were two transfers totalling £4,000 from these funds to general funds: the first relates to a loan of £2,000 to the general funds - see note 7 - the other transfer of £2,000 is part of a £5,000 grant, received in June 2023 to support core costs relating to the Heirs ministry, which has reimbursed associated salary costs paid from general funds in a previous year.
Heirs
The Heirs ministry was registered as a separate charity, number 1210535, on 17th October 2024. 21CC had been managing the funds for this ministry with a view of transferring the funds after it became a separate legal entity. The funds were treated as restricted funds and control of the bank account was passed to the Heirs trustees on 17th October 2024.
In the previous year, a temporary loan of £4,500 had been made from the restricted Heirs fund to the 21CC general funds in lieu of management costs owed to the church for utilities, storage and other costs associated with administering the Heirs ministry. A further loan of £2,000 was made during the year. An agreement has been made with the Heirs trustees for this loan to be offset against monthly management costs of £250 until the loan is cleared. This arrangement started in March 2025 and the loan is expected to be cleared by May 2027.
Page 11