REGISTERED CHARITY NUMBER: 1050643
CLYDE STREET PENTECOSTAL CHURCH RISCA UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 315" MARCH 2025
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CLYDE STREET PENTECOSTAL CHURCH RISCA
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FINANCIAL STATEMENTS YEAR ENDED 315° MARCH 2025
## CONTENTS
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||||||
|---|---|---|---|---|
|PAGE|
|Information|1|
|Independent|Examiner's|Report|2|
|Statement|of Assets|and|Liabilities|3|
|Receipts and|Payments Accounts|4|
|Notes|to|the|accounts|5-7|
|Trustees’ Report|
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CLYDE STREET PENTECOSTAL CHURCH RISCA
)
## INFORMATION
GOVERNING DOCUMENT The charity's governing document was approved by the Charity Commission in 1993.
## CHARITY REGISTRATION NUMBER: 1050643
—
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|ADDRESS:||Clyde Street,|
|---|---|---|
|||Risca,|
|||Newport,|
|||GWENT.|
|||NPil 6BG|
|INDEPENDENT|EXAMINERS:|Parker&CoAccountants Limited,|
|||Accountants& Business Advisors,|
|||Summit House,|
|||10 Waterside Court,|
||.|Albany Street,|
||.|Newport|
|||NP20 SNT|
|CHARITY’SBANKERS:||Barclays Bank,|
|||Leicester.|
|||LE872BB|
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CLYDE STREET PENTECOSTAL CHURCH RISCA
## INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CLYDE STREET
## PENTECOSTAL CHURCH RISCA
## REGISTERED CHARITY NUMBER: 1050643
## YEAR ENDED 315" MARCH 2025
The report relates to financial statements set out from page 3 to 8.
## RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
As the charity trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7) (b) of the Act, whether particular matters have come to my attention.
## BASIS OF INDEPENDENT EXAMINER’S STATEMENT
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## INDEPENDENT EXAMINER’S STATEMENT
In connection with my examination, no matter has come to my attention:
- (1) Which gives me reasonable.cause to believe that in any material respect the requirements a. to keep accounting records in accordance with Section 41 of the Act; and b. to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## La
Parker & Co Accountants Limited, Accountants & Business Advisors, Summit House, 10 Waterside Court, Albany Street, Newport NP20 SNT
11® June 2025
## The notes form an integral part of these accounts.
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CLYDE STREET PENTECOSTAL CHURCH RISCA
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## STATEMENT OF ASSETS AND LIABILITIES
## AT 315" MARCH 2025
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|||||||
|---|---|---|---|---|---|
|Note|Unrestricted|Restricted|Totalfunds|Total funds|
|funds|funds|
|2025|2025|2025|2024|
|£|£|£|£|
|TANGIBLE ASSETS|
|Land &|Building|200,000|200,000|200,000|
|Fixtures|and|fittings|8,000|8,000|8,000|
|Instruments|and|audio equipment|1,000|1,000|1,000|
|Office|equipment|400|400|400|
|209,400|209,400|209,400|
|CURRENT ASSETS|
|Cash|at bank|246,824|246,824|251,576|
|TOTAL ASSETS|456,224|456,224|460,976|
|CURRENT LIABILITIES — Amounts|
|falling|due within one year|660|660|1,050|
|TOTAL LIABILITIES|660|660|1,050|
|NET ASSETS|455,564|455,564|459,926|
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These financial statements were approved by the board of trustees on 11 June 2025 and are signed on its behalf by:
ensreuanes)AChat Hood ELOECPn hic a an | number: 1050643 ~~
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TRUSTEEMALECLEYN(23 AVYcwN
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## CLYDE STREET PENTECOSTAL CHURCH RISCA
## RECEIPTS AND PAYMENTS ACCOUNT
## YEAR ENDED 315° MARCH 2025
||Note|Restricted|Unrestricted|Total funds|Totalfunds|
|---|---|---|---|---|---|
|||2025|2025|2025|2024|
|||£|£|£|£|
|INCOME||||||
|Voluntary income|3|25,007|-|25,007|22,370|
|Activities income||885|-|885|-|
|Investment income
Other income|4|3,136
209|-
~|3,136
209|2,659
-|
|||29,237|~|29,237|25,029|
|EXPENDITURE||||||
|Education &training|5|7,140|-|7,140|8,945|
|Community fellowship|6|776|-|776|917|
|Gifts
Property|7
8|15,446
8,208|-
-|15,446
8,208|2,252
5,806|
|Management and||||||
|administration|9|2,029|-|2,029|1,870|
|Total Payments||33,599|-|33,599|19,790|
|Excess ofincome over||||||
|expenditure||( 4,362)|-|( 4,362)|5,239|
|Net assets brought||||||
|forward||459,926|-|459,926|454,687|
|Netassetscarried||||||
|forward||455,564|-|459,964|459,926|
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CLYDE STREET PENTECOSTAL CHURCH RISCA
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## NOTES TO THE ACCOUNTS
## YEAR ENDED 315" MARCH 2025
## ACCOUNTING POLICIES
The following accounting policies have been used consistently in dealing with items which are considered material in relation to the financial statements.
These accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011.
## PAYMENTS TO TRUSTEES AND VOLUNTEERS
The trustees receive no remuneration, direct, or indirect benefits from the charity arising from their duties as trustees.
Out of pocket expenses that have been necessarily incurred in pursuit of the charity’s objects were reimbursed to volunteers and trustees.
No payments were made to trustees for the provision of pastoral services.
No payments were made to trustees for out of pocket expenses for the provision of hospitality and transport.
## TANGIBLE ASSETS
The trustees value the charity’s assets as set out in the Statement of Assets and Liabilities.
The assets are adequately maintained and insured by the trustees.
## FUNDS
The charity has no restricted funds.
## oe
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CLYDE STREET PENTECOSTAL CHURCH RISCA
NOTES TO THE ACCOUNTS
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## YEAR ENDED 315 MARCH 2025
NOTE 3 VOLUNTARY INCOME
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||||||
|---|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|2025|2025|2025|2024|
|£|£|£|£|
|Offerings,|collections,|
|donations|25,007|-|25,007|22,370|
|See|ireecemnaereenee eee|ee|Ar A) nt|
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## NOTE 4 INVESTMENT INCOME
Investment income was derived from surplus funds being placed on short term deposit with the bank.
NOTE 5 EXPENDITURE EDUCATION AND TRAINING
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|||||||||
|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|2025|2025|2025|2024|
|£|£|£|£|
|TrainingVisiting|and|teaching|_|3,900|-|3,900|6,540|
|Total|speakers|3,240|-|3,240|2,405|
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NOTE 6 EXPENDITURE COMMUNITY FELLOWSHIP
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||||||
|---|---|---|---|---|
|Unrestricted|Restricted|Total|Total|
|2025|2025|2025|2024|
|£|£|£|£|
|Catering|682|-|682|320|
|Fellowship support|94|-|94|597|
|Total|
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## CLYDE STREET PENTECOSTAL CHURCH RISCA
## NOTES TO THE ACCOUNTS
## YEAR ENDED 315' MARCH 2025
NOTE 7 EXPENDITURE GIFTS
||Unrestricted
2025|Restricted
2025|Total
2025|Total
2024|
|---|---|---|---|---|
||£|£|£|£|
|Overseas
Needy
Organisations
Total|10,216
580
4,650
15,446|-
-
-
-|10,216
580
4,650
15,446|1,216
136
900
2,252|
NOTE 8 EXPENDITURE SUPPORT COSTS ~— PROPERTY
||Unrestricted
2025|Restricted
2025|Total
2025|Total
2024|
|---|---|---|---|---|
||£|£|£|£|
|Repairs
Electricity
Gas
Insurance
Totai|4,228
694
1,437
1,849
8,208|-
-
-
-
-|4,228
694
1,437
1,849
8,208|2,225
981
851
1,749
5,806|
NOTE 9 EXPENDITURE MANAGEMENT AND ADMINISTRATION
||Unrestricted
Restricted
Totai
Total
2025
2025
2025
2024
&
£
£
E|
|---|---|
|Postage and stationery
Telephone
Subscriptions
Professional fees
Accountancy
Bankcharges
Total|209
-
209
49
814
-
8i4
733
410
-
410
391
-
-
-
96
595
-
595
600
i
-
1
1
we
0281870|
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