# 



## 

## 

## 

|||Page|
|---|---|---|
|Trustees'<br>annual<br>report|||
|Independent<br>examiner's<br>report to the trustees|||
|Statement of financial|activities||
|Statement offinancial|position||
|Notes to the financial|statements|10|





## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



# 

## 



## 

## 

## 

## 

## 



## 

## 

## 

||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
||||Note|funds<br>E|funds<br>E|Total funds<br>E|Total funds<br>I|
|Income and endowments||||||||
|Donations<br>and legacies||||12,667||12,667||
|Investment<br>income||||495|2,061|2,556|568|
|Other Income||||110,966||110,966|106,700|
|Total income||||124,128|2,061|126,189|107,268|
|Expenditure<br>Expenditure<br>on charitable|activities||7,8|155,694|1,798|157,492|105,273|
|Other expenditure|||10||||83|
|Total expenditure||||155,694|1,798|157,492|105,356|
|Net (expenditure)/Income<br>movement<br>in funds||and net||(31,566)|263|(31,303)|1,912|
|Reconciliation<br>offunds||||||||
|Total funds brought<br>forward||||70,404|64,579|134,983|133,071|
|Total funds carried forward||||38,838|64,842|103,680|134,983|





## 

## 

## 

||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Note|5||f|
|Fixed assets||||||||
|Tangible fixed|assets|||15||1,198||
|Current assets||||||||
|Debtors||||16|||5,000|
|Cash at bank|and|in hand|||118,085||148,252|
||||||118,085||153,252|
|Creditors: amounts|||falling due within one year|17|15,603||18,269|
|Net current|assets|||||102,482|134,983|
|Total assets|less|current liabilities||||103,680|134,983|
|Net assets||||||103,680|134,983|
|Funds ofthe|charity|||||||
|Restricted<br>funds||||||64,842|64,579|
|Unrestricted<br>funds||||||38,838|70,404|
|Totalcharity|funds|||18||103I680|134983|





## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

|Donati|ons|and|legacies|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|||||Funds||2023|Funds||2022|
|||||E||E|E||E|
|Donations||||||||||
|Donations||||267||267||||
|Grants||||||||||
|United|Reformed||Church|4,900||4,900||||
|Methodist||Synod||7,500||7,500||||
|||||12,667||12,667||||



## 

|5.|Investment<br>income|||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
||||f|f||
||Deposit fund Interest<br>TMCP interest||495|2,061|495<br>2,061|
||||495|2,061|2,556|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
|||||f|E.|
||Deposit fund interest||65||65|
||TMCP Interest|||503|503|
||||65|503|568|
|6.|Other income|||||
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2023|Funds|2022|
|||f|E|E|f|
||Church assessment|110,966|110,966|106,700|106,700|





## 

## 

|Expenditu|re|on c|haritable<br>activities<br>by fund type||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2023|
|||||f|f||
|Ministerial<br>churches|oversight||and pastoral care ofthe seven local|47,387||47,387|
|Support of ministry<br>team<br>Maintenance<br>of manses||||45,600<br>57,723||45,600<br>57,723|
|Support costs||||4,984|1,798|6,782|
|||||155,694|1,798|157,492|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2022|
|||||f|||
|Ministerial|oversight||and pastoral care ofthe seven local||||
|churches||||46,648||46,648|
|Support of|ministry||team|33,141||33,141|
|Maintenance||of manses||18,560||18,560|
|Support costs||||3,755|3,169|6,924|
|||||102,104|3,169|105,273|



## 

|||Activities||||
|---|---|---|---|---|---|
|||undertaken||Total funds|Total fund|
|||directly<br>F|Support costs<br>f|2023|2022|
|Ministerial<br>oversight|and pastoral care of|||||
|the seven local churches||47,387||47,387|46,648|
|Support of ministry<br>team<br>Maintenance<br>of manses||45,600<br>57,723||45,600<br>57,723|33,141<br>18,560|
|Support costs|||6,782|6,782|6,924|
|||150,710|6,782|157,492|105,273|



## 

|Analysis of|support|costs|||||
|---|---|---|---|---|---|---|
|||||Support costs|Total 2023|Total 2022|
|||||6|E|E|
|Insurance||||1,384|1,384|1,184|
|Printing,<br>postage and stationery<br>Independent<br>examiners<br>fees<br>TMCP CAF Bridgend<br>administrative<br>CAF Brldgend<br>district<br>levy<br>Depreciation|||charge|462<br>2,610<br>184<br>1,614<br>'l61|462<br>2,610<br>184<br>1,614<br>461|600<br>1,920<br>306<br>2,863|
|Bank charges||||67|67|51|
|||||6,782|6,782|6,924|





## 

## 

## 

## 

## 

|10.|Other expenditure|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted<br>Total||Funds|Unrestricted|Total Funds|
|||||||||Funds|2023|Funds|2022|
|||||||||E|E|E|E|
||Loss on disposal oftangible||fixed|assets||||||||
||held for charity's<br>own use|||||||||83|83|
|11.|Net (expenditure)/income|||||||||||
||Net (expenditure)/Income|Is|stated after charging/(crediting):|||||||||
|||||||||||2023|2022|
|||||||||||E|E|
||Depreciation<br>oftangible|fixed assets||||||||461||
||Loss on disposal oftangible||fixed|assets|||||||83|
|12.|Independent<br>examination||fees|||||||||
|||||||||||2023|2022|
|||||||||||E|E|
||Fees payable to the Independent<br>Independent<br>examination<br>ofthe|||examiner<br> Anandal||for:<br>statements||||2,610|1,920|
|13.|Staff costs|||||||||||
||The average<br>head count|of employees|||during||the|year was 1 (2022: 1).||||
|14.|Trustee remuneration|and expenses||||||||||
||No trustee has received|remuneration|||in the||year|(2022: Enil).||||
||No trustees<br>had travel expenses|||reimbursed|||during|the year (2022: Enil).||||
|15.|Tangible fixed assets|||||||||||



|Tangible fixe|d assets||
|---|---|---|
|||Equipment|
|||E|
|Cost|||
|At 1September|2022||
|Additions||1,659|
|At 31August|2023|1,659|
|Depreciation|||
|At 1 September<br>Charge for the|2022<br> year|461|
|At 31August|2023|461|
|Carrying<br>amount<br>At 31August 2023||1,198|
|At 31August 2022|||





## 

## 

## 

|16.|Debtors||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||E|E|
||Prepayments||and accrued income|||5,000|
|17.|Creditors:||amounts|falling due within one year|||
||||||2023|2022|
||||||E|E|
||Assessments||received|in advance|12,993|13,369|
||Accruals||||2,610||
||Deferred|income||||4,900|
||||||15,603|18,269|



## 

## 

|Unrest|r|icte|d<br>funds||||||
|---|---|---|---|---|---|---|---|---|
|||||At||||At|
|||||1 September||||31August|
|||||2022|Income|Expenditure|Transfers|2023|
|||||E|E|E|E|E|
|General||funds||30,404|119,228|(110,602)|(192)|38,838|
|Designated|||fund|'l0,000|4,900|(45,092)|192||
|||||70,404|124,128|(155,694)||38,838|
|||||At||||At|
|||||1 September||||31August|
|||||2021|Income|Expenditure|Transfers|2022|
|||||E|E|E|E|E|
|Genera|I|funds||25,826|106,765|(102,187)||30,'l04|
|Designated|||fund||||40,000|40,000|
|||||25,826|106,765|(102,187)|40,000|70,404|





## 

## 

## 

## 

|Restrict|ed funds|||||||
|---|---|---|---|---|---|---|---|
||||At||||At|
||||1 September||||31August|
||||2022|Income|Expenditure|Transfers|2023|
||||E||E|E|E|
|TMCP CAF (Circuit||||||||
|Advance|Fund) Bridgend||64,579|2,061|(1,798)||64,842|
||||At'||||At|
||||1 September||||31August|
||||2021|Income|Expenditure|Transfers|2022|
||||E|E|E|E|E|
|TMCP CAF (Circuit||||||||
|Advance|Fund) Bridgend||107,245|503|(3,169)|(40,000)|64,579|
|Analysis|ofnet assets||between funds|||||
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2023|
||||||E|E|E|
|Tangible|fixed assets||||1,198||1,198|
|Current assets|||||53,243|64,842|118,085|
|Creditors|less than|1 year|||(15,603)||(15,603)|
|Net assets|||||38,838|64,842|103,680|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2022|
||||||E|E|E|
|Tangible|fixed assets|||||||
|Current assets|||||88,673|64,579|153,252|
|Creditors|less than|1year|||(18,269)||(18,269)|
|Net assets|||||70,404|64,579|134,983|



## 

## 



# 

# 

## 

# 

## 


## 



|||||||||Unrestricted<br>Circuit|Unrestricted<br>Circuit|Madel|Restricted|Restricted|Totals this|Totals this||Totals|last|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||SECTION A||||||||Funds<br>Trust|Fund|Funds||year|||year||
|ai|RECEIPTS||||||Note|||||||||||
|a2|Assessment/Share||||||||110,966||||110,966|||106,700||
|a3|Ca<br>ital recei ts|||||||||||||||||
|a4|Bank and CFBinterest and|||||||||||||||||
||Investment<br>income||||||||495||2,061||2,556||||568|
|a5|Grants||||||||12,400||||12|400||||
|a6|Other receipts||||||||267|||||267||||
|a7|TOTAL RECEIPTS||||||||124,128||2,061||126,189||a8|107,268||
||SECTION B|||||||||||||||||
|b1|PAYMENTS|||||||||||||||||
|b2|Stipends, salaries,<br>NIC, Pension||||and|||||||||||||
||travel costs||||||||45,600||||45|600||33,141||
||Manse Costs||||||||59,107||||59,107|||19,744||
|I34|Administration<br>etc||||||||694|||||694|||651|
|I35|District Assessment||||||||46,267||||46|267||45,835||
|b6|Grants<br>& Donations|||||||||||||||||
|b7||||||||||||||||||
|b8|Other Payments||||||||4,026||1,798||5,824|||5,985||
|b9|TOTAL PAYIIIIENTS||||||||155,694||1,798||157,492||(I39)|105,356||
|Re|SECTION C|||||||||||||||||
||NET RECEIPTS/PAYMENTS|||FOR||||||||||||||
|c1|THE YEAR||||||a7-b9||31,566|||263|31,303|||1,912||
|c2|Total funds brou<br>ht forward||from||last||ear||70,404||64,579||134,983||c6|133,071||
|c3|Sub total||||||c1+c2||38838||64|842|103|680||134,983||
|c4|Transfers<br>and ad'ustments||||||||||||||c7|||
|c5|TOTAL FUNDS AT END|OF||YEAR|||(c3+c4)||38,838||64,842||103,680||(c8)|134,983 (c6)||
||SECTION D|||||||||||||||||
||FOR INFORMATION<br>ONLY:|||MONEY|||RECEIVED||AND PASSED ON|TO EXTERNAL||ORGANISATIONS||||||
||these amounts<br>should|not||be|Included|||in total|recel<br>ts/<br>ayments|above)||||||||
|d1|Balance brou<br>ht forward|from last||||ear||||||||||||
|d2|Offerin<br>s/Gifts<br>- received|for external|||||or anisations|||||||||||
|(13|Offerings/Gifts<br>—passed to external|||||organisatlons||||||||||||
|d4|BALANCE STILL TO BEPAID||||d1|+|d2 - d3|||||||||||








## 

## 

## 



## 

## 



## 

## 



# 



## 

## 

## 

|||Page|
|---|---|---|
|Trustees'<br>annual<br>report|||
|Independent<br>examiner's<br>report to the trustees|||
|Statement of financial|activities||
|Statement offinancial|position||
|Notes to the financial|statements|10|





## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



# 

## 



## 

## 

## 

## 

## 



## 

## 

## 

||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
||||Note|funds<br>E|funds<br>E|Total funds<br>E|Total funds<br>I|
|Income and endowments||||||||
|Donations<br>and legacies||||12,667||12,667||
|Investment<br>income||||495|2,061|2,556|568|
|Other Income||||110,966||110,966|106,700|
|Total income||||124,128|2,061|126,189|107,268|
|Expenditure<br>Expenditure<br>on charitable|activities||7,8|155,694|1,798|157,492|105,273|
|Other expenditure|||10||||83|
|Total expenditure||||155,694|1,798|157,492|105,356|
|Net (expenditure)/Income<br>movement<br>in funds||and net||(31,566)|263|(31,303)|1,912|
|Reconciliation<br>offunds||||||||
|Total funds brought<br>forward||||70,404|64,579|134,983|133,071|
|Total funds carried forward||||38,838|64,842|103,680|134,983|





## 

## 

## 

||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Note|5||f|
|Fixed assets||||||||
|Tangible fixed|assets|||15||1,198||
|Current assets||||||||
|Debtors||||16|||5,000|
|Cash at bank|and|in hand|||118,085||148,252|
||||||118,085||153,252|
|Creditors: amounts|||falling due within one year|17|15,603||18,269|
|Net current|assets|||||102,482|134,983|
|Total assets|less|current liabilities||||103,680|134,983|
|Net assets||||||103,680|134,983|
|Funds ofthe|charity|||||||
|Restricted<br>funds||||||64,842|64,579|
|Unrestricted<br>funds||||||38,838|70,404|
|Totalcharity|funds|||18||103I680|134983|





## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

|Donati|ons|and|legacies|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|||||Funds||2023|Funds||2022|
|||||E||E|E||E|
|Donations||||||||||
|Donations||||267||267||||
|Grants||||||||||
|United|Reformed||Church|4,900||4,900||||
|Methodist||Synod||7,500||7,500||||
|||||12,667||12,667||||



## 

|5.|Investment<br>income|||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2023|
||||f|f||
||Deposit fund Interest<br>TMCP interest||495|2,061|495<br>2,061|
||||495|2,061|2,556|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
|||||f|E.|
||Deposit fund interest||65||65|
||TMCP Interest|||503|503|
||||65|503|568|
|6.|Other income|||||
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2023|Funds|2022|
|||f|E|E|f|
||Church assessment|110,966|110,966|106,700|106,700|





## 

## 

|Expenditu|re|on c|haritable<br>activities<br>by fund type||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2023|
|||||f|f||
|Ministerial<br>churches|oversight||and pastoral care ofthe seven local|47,387||47,387|
|Support of ministry<br>team<br>Maintenance<br>of manses||||45,600<br>57,723||45,600<br>57,723|
|Support costs||||4,984|1,798|6,782|
|||||155,694|1,798|157,492|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2022|
|||||f|||
|Ministerial|oversight||and pastoral care ofthe seven local||||
|churches||||46,648||46,648|
|Support of|ministry||team|33,141||33,141|
|Maintenance||of manses||18,560||18,560|
|Support costs||||3,755|3,169|6,924|
|||||102,104|3,169|105,273|



## 

|||Activities||||
|---|---|---|---|---|---|
|||undertaken||Total funds|Total fund|
|||directly<br>F|Support costs<br>f|2023|2022|
|Ministerial<br>oversight|and pastoral care of|||||
|the seven local churches||47,387||47,387|46,648|
|Support of ministry<br>team<br>Maintenance<br>of manses||45,600<br>57,723||45,600<br>57,723|33,141<br>18,560|
|Support costs|||6,782|6,782|6,924|
|||150,710|6,782|157,492|105,273|



## 

|Analysis of|support|costs|||||
|---|---|---|---|---|---|---|
|||||Support costs|Total 2023|Total 2022|
|||||6|E|E|
|Insurance||||1,384|1,384|1,184|
|Printing,<br>postage and stationery<br>Independent<br>examiners<br>fees<br>TMCP CAF Bridgend<br>administrative<br>CAF Brldgend<br>district<br>levy<br>Depreciation|||charge|462<br>2,610<br>184<br>1,614<br>'l61|462<br>2,610<br>184<br>1,614<br>461|600<br>1,920<br>306<br>2,863|
|Bank charges||||67|67|51|
|||||6,782|6,782|6,924|





## 

## 

## 

## 

## 

|10.|Other expenditure|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted<br>Total||Funds|Unrestricted|Total Funds|
|||||||||Funds|2023|Funds|2022|
|||||||||E|E|E|E|
||Loss on disposal oftangible||fixed|assets||||||||
||held for charity's<br>own use|||||||||83|83|
|11.|Net (expenditure)/income|||||||||||
||Net (expenditure)/Income|Is|stated after charging/(crediting):|||||||||
|||||||||||2023|2022|
|||||||||||E|E|
||Depreciation<br>oftangible|fixed assets||||||||461||
||Loss on disposal oftangible||fixed|assets|||||||83|
|12.|Independent<br>examination||fees|||||||||
|||||||||||2023|2022|
|||||||||||E|E|
||Fees payable to the Independent<br>Independent<br>examination<br>ofthe|||examiner<br> Anandal||for:<br>statements||||2,610|1,920|
|13.|Staff costs|||||||||||
||The average<br>head count|of employees|||during||the|year was 1 (2022: 1).||||
|14.|Trustee remuneration|and expenses||||||||||
||No trustee has received|remuneration|||in the||year|(2022: Enil).||||
||No trustees<br>had travel expenses|||reimbursed|||during|the year (2022: Enil).||||
|15.|Tangible fixed assets|||||||||||



|Tangible fixe|d assets||
|---|---|---|
|||Equipment|
|||E|
|Cost|||
|At 1September|2022||
|Additions||1,659|
|At 31August|2023|1,659|
|Depreciation|||
|At 1 September<br>Charge for the|2022<br> year|461|
|At 31August|2023|461|
|Carrying<br>amount<br>At 31August 2023||1,198|
|At 31August 2022|||





## 

## 

## 

|16.|Debtors||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||E|E|
||Prepayments||and accrued income|||5,000|
|17.|Creditors:||amounts|falling due within one year|||
||||||2023|2022|
||||||E|E|
||Assessments||received|in advance|12,993|13,369|
||Accruals||||2,610||
||Deferred|income||||4,900|
||||||15,603|18,269|



## 

## 

|Unrest|r|icte|d<br>funds||||||
|---|---|---|---|---|---|---|---|---|
|||||At||||At|
|||||1 September||||31August|
|||||2022|Income|Expenditure|Transfers|2023|
|||||E|E|E|E|E|
|General||funds||30,404|119,228|(110,602)|(192)|38,838|
|Designated|||fund|'l0,000|4,900|(45,092)|192||
|||||70,404|124,128|(155,694)||38,838|
|||||At||||At|
|||||1 September||||31August|
|||||2021|Income|Expenditure|Transfers|2022|
|||||E|E|E|E|E|
|Genera|I|funds||25,826|106,765|(102,187)||30,'l04|
|Designated|||fund||||40,000|40,000|
|||||25,826|106,765|(102,187)|40,000|70,404|





## 

## 

## 

## 

|Restrict|ed funds|||||||
|---|---|---|---|---|---|---|---|
||||At||||At|
||||1 September||||31August|
||||2022|Income|Expenditure|Transfers|2023|
||||E||E|E|E|
|TMCP CAF (Circuit||||||||
|Advance|Fund) Bridgend||64,579|2,061|(1,798)||64,842|
||||At'||||At|
||||1 September||||31August|
||||2021|Income|Expenditure|Transfers|2022|
||||E|E|E|E|E|
|TMCP CAF (Circuit||||||||
|Advance|Fund) Bridgend||107,245|503|(3,169)|(40,000)|64,579|
|Analysis|ofnet assets||between funds|||||
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2023|
||||||E|E|E|
|Tangible|fixed assets||||1,198||1,198|
|Current assets|||||53,243|64,842|118,085|
|Creditors|less than|1 year|||(15,603)||(15,603)|
|Net assets|||||38,838|64,842|103,680|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2022|
||||||E|E|E|
|Tangible|fixed assets|||||||
|Current assets|||||88,673|64,579|153,252|
|Creditors|less than|1year|||(18,269)||(18,269)|
|Net assets|||||70,404|64,579|134,983|



## 

##