## **Unaudited Financial Statements**
Capel Y Groes Unitarian Chapel For the year ended 31 December 2024
Prepared by Arwyn Vobe Accountancy Ltd.
## **Contents**
- **3** Directory
- **4** Client Approval
- **5** Accountants' Report
- **6** Profit and Loss
- **8** Balance Sheet
- **9** Notes to the Financial Statements
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## **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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## **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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