Unaudited Financial Statements
Capel Y Groes Unitarian Chapel For the year ended 31 December 2024
Prepared by Arwyn Vobe Accountancy Ltd.
Contents
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3 Directory
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4 Client Approval
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5 Accountants' Report
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6 Profit and Loss
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8 Balance Sheet
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9 Notes to the Financial Statements
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Unaudited Financial Statements
Directory
Capel Y Groes Unitarian Chapel For the year ended 31 December 2024
Address
Llanwnen, Rhoslwyn, Cwmsychpant, Llanybydder, SA40 9XL
Accountants
Arwyn Vobe Accountancy Ltd.
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Unaudited Financial Statements
Client Approval
Capel Y Groes Unitarian Chapel For the year ended 31 December 2024
In accordance with the engagement letter, I approve the financial information which comprises the Profit and Loss account, the Balance Sheet and the related notes. I acknowledge my responsibility for the financial information, including the appropriateness of the applicable financial reporting framework as set out in the notes, and for providing Arwyn Vobe Accountancy Ltd. with all information and explanations necessary for their compilation.
.................................................
Capel Y Groes Unitarian Chapel
21 October 2025
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Unaudited Financial Statements
Accountants' Report
Capel Y Groes Unitarian Chapel For the year ended 31 December 2024
In accordance with the engagement letter dated 1 August 2025 we have prepared for your approval the financial information of Capel Y Groes Unitarian Chapel for the year ended 2024 which comprises the Profit and Loss Account, the Balance Sheet and the related notes from the entity's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made solely to you, in accordance with the terms of our engagement letter dated 1 August 2025. Our work has been
undertaken solely to prepare for your approval the financial information of Capel Y Groes Unitarian Chapel and state those matters that we
have agreed to state to you in this report in accordance with the requirements of the Association of Chartered Certified Accountants as
detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than Capel Y Groes Unitarian Chapel for our work or for this report.
You have approved the financial information for the year and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and
we do not, therefore, express any opinion on the financial information.
Signature.........................................
Arwyn Vobe Accountancy Ltd., Maesowen, Rhydowen, Llandysul, Ceredigion, SA44 4PY
21 October 2025
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Unaudited Financial Statements
Profit and Loss
Capel Y Groes Unitarian Chapel For the year ended 31 December 2024
| Profit and Loss Capel Y Groes Unitarian Chapel For the year ended 31 December 2024 |
Profit and Loss Capel Y Groes Unitarian Chapel For the year ended 31 December 2024 |
|---|---|
| NOTES 2024 |
|
| Sales | |
| Capeli Aeron Teifi - Casgliad cyrddau diolgarwch (Banciau bwyd) 322 |
|
| Capeli Aeron Teifi - Casgliad Taith Gerdded 345 |
|
| Capeli Aeron Teifi - Gwasanaeth Cofio Goronwy Evans 361 |
|
| Capeli Aeron Teifi - Cyfraniadau 222 |
|
| Capeli Aeron Teifi - Hwyl I Holi profit 90 |
|
| Capeli Aeron Teifi - Remebering Jacob 317 |
|
| Casgliad Bedydd 49 |
|
| Casgliad gwasanaethau 136 |
|
| Cyfeillion yr Achos a chyfraniadau tuag at y fynwent 1,590 |
|
| Cyfraniadau Aelodau 4,510 |
|
| Rhent Ty Capel 6,240 |
|
| Rhodd Gymorth 1,907 |
|
| Rhodd wrth y diweddar Miss Elsa Ceinwen Thomas 30,366 |
|
| Sul Y Rhoddion 40 |
|
| Tal am gladdu 100 |
|
| Total Sales 46,595 |
|
| Gross Profit 46,595 Expenses |
|
| General Administration | |
| Pregethwr y Sul 560 |
|
| Ffioedd archwilio a chyfrifeg 720 |
|
| Costau banc 102 |
|
| Costau banc (Trustees of Capel Y Groes) 60 |
|
| Atgyweirio a chynnal a chadw (Capel) 529 |
|
| Atgyweirio a chynnal a chadw (Festri + Ty Capel) 1,385 |
|
| Comisiwn yr Ty rhent 749 |
|
| Bwrdd Dwr 96 |
|
| Atgyweirio a chynnal a chadw (Tiroedd) 1,638 |
|
| Plethdorch Lleng Bryndeinig 20 |
|
| Subscriptions 232 |
|
| Trydan (Festri + Ty Capel) 431 |
|
| Trydan a Olew - (Capel) 778 |
|
| Yswiriant (Capel) 1,075 |
|
| Yswiriant (Festri) 368 |
|
| Llun Jacob (Heini Davies) - Capeli Aeron Teifi 41 |
|
| Siaradwraig yn Ystrad Fflur - Capeli Aeron Teifi 70 |
|
| Banciau bwyd a Taith Gerdded Cymorth Cristnogol (Capeli Aeron Teifi) 667 |
|
| Llogi Ystafell (Capeli Aeron Teifi) 41 |
|
| Total General Administration 9,561 |
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Unaudited Financial Statements
Profit and Loss
| NOTES 2024 |
|
|---|---|
| Investments | |
| Llog NS&I 2,123 |
|
| Total Investments 2,123 |
|
| Total Expenses 7,438 |
|
| Net Profit (Loss) 39,157 |
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Unaudited Financial Statements
Balance Sheet
Capel Y Groes Unitarian Chapel As at 31 December 2024
| Balance Sheet Capel Y Groes Unitarian Chapel As at 31 December 2024 |
Balance Sheet Capel Y Groes Unitarian Chapel As at 31 December 2024 |
|---|---|
| NOTES 31 DEC 2024 31 DEC 2023 |
|
| Current assets | |
| Debtors 1,521 - Cash at bank and in hand |
|
| Capel Y Groes 22,516 14,823 |
|
| NS&I Income bonds 81,400 51,400 |
|
| Trustees of Capel Y Groes 4,814 2,751 |
|
| Total Cash at bank and in hand 108,730 68,974 |
|
| Total Current assets 110,251 68,974 |
|
| Net current assets (liabilities) 110,251 68,974 |
|
| Total assets less current liabilities 110,251 68,974 Accruals and deferred income |
|
| Accruals 720 - |
|
| Total Accruals and deferred income 720 - |
|
| Net Assets 109,531 68,974 Capital |
|
| Capital account 109,531 68,974 |
|
| Total Capital 109,531 68,974 |
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Notes to the Financial Statements
Capel Y Groes Unitarian Chapel For the year ended 31 December 2024
1. Accounting Policies
Basis of preparing the financial statements
The financial statements have been compiled on a basis which enables profits to be calculated in accordance with generally accepted accounting practice and which provides sufficient and relevant information to enable the completion of a tax return.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Depreciation is provided, at the following annual rates in order to write off each asset over its estimated useful life.
15% Reducing balance basis
Stocks and work in progress
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Intangible Assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight-line basis over their estimated useful economic lives. Impairment of intangible assets is reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Investments
Fixed asset investments are stated at cost less any provision for diminution in value.
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