Acts Communi Church Ltd Company No. 7175059 Charity No. -1136590 Registered address - 236 - 237 East Road Tylorstown. Ferndale.CF43 3DA Trusts ' Annual Re For the period 01.01.2023 to 31.12.2023 The Trustees - Stephen David Evans - David Thomas - Julian Harris - Gena Harris Acts Community Church Ltd is a company limited by guarantee. The Memrandum and Artides of Association is the goveming document. The Spiritual Leadership comprises of Stephen David Evans The initial Trustees were appointed by the Spiritual Leadership and were named in the governing document. Subsequent trustees are appointed by a resolution of the Trustees, The Trustees shall fulfil their legal duties having due regard to the spintual direction of the Church as set from time to time by the Spiritual Leadership acling always in accordance with the requirements of the Memorandum, Artides and the general law Gaynor Morgan resigned as a Irustee during the year The Church continues for the benefrt of Ihe public and to promote the Objects and subscribe to the Vision statements as shown below. OBJECTS to serve build and transform our community by being totally committed to unconditionally seNing, supporting and investing in people of all failh groups and beliets and those with none. to advance the Christian faith in accordance wrth the Statement of Beliefs and Vision Statement in such ways and in such parts of the Unitad Kingdom or the world as the Trustees from time to time may think fft; to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kn'nd, including through the provision of counselling and support in such parts of the Uniled Kingdom or the wodd as the Trustees from time to time may think fit: and to advance education including the provision of after school dubs, seminars, courses. teaching for illiterate or innumerate adutts to read, write or understand maths, mentoring and coaching, supporting parents to engage more with their children's education in such ways and in such parts of the Unrted lQ'ngdom or the world as the Trustees from time to time may think frt; the prevention or relief of poverty and the relief of social disadvantage induding through the provision of debt counselling, money management advice and training to adults and children; and by the provision of items such as food, fuel, fumiture, bedding, clothing, heating appliances, washing machines, fridges in such parts of the United Kingdom or the worfd as the Trustees from time to time may think fit. and the promotion of community particÉpation in healthy recreation in pa'CUlar by the provision of facilities for playing of football.
VISION To bring transformation to our community To be totally committed to unconditionally loving and serving both our God and our community To promote Christian principles of compassion, honesty, integrity, openness, kindness and care of all people regardless of their backgrounds or beliets To equip people for life. The Church is continuing to run the Rhondda Foodbank which is a franchise of the Trussell Trust. Rhondda Foodbank has 5 distribution centres.. The Church is continually applying for funding to enable all the proposed projects and uses as set out in the business plan lo be achieved The accounts for the period from 0110112019 to 3111212019 were independenlly examined and following discussions the Trustees found that there were no matters issues or concerns raised. .Declaratlon The Trustees dedare that on 22 October 2024 they approved the above report Signed on behalf of all Trustees Full name David M.Thomas
Charity Registration No. 1136590 Company Registration No. 07175059 (England and Wales) ACTS COMMUNITY CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
ACTS COMMUNITY CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Dlrector Mr S Evans Mr D Thomas Mrs G Harris Mr J Harris Secretary Mr D Thomas Charfty number 1136590 Company number 07175059 Registered office 236-237 East Road Tylorstown RCT CF43 3DA Independent examiner Young & Phillips Lirnited 77 Bute Street Treorchy Rhondda cYrn Taff CF42 6AH
ACTS COMMUNITYCHURCH CONTENTS Page Independent examinerfs report Statement of financial activities Balance sheet Notes to the accounts 4-11
ACTS COMMUNITY CHURCH INDEPENDENT EXAMINER'S REPORT TO THE DIRECTOR OF ACTS COMMUNITY CHURCH I report on the aGcounts of the charity for the year ended 31 December 2024. which are set out on pages 2 to 11. Respectlve responsibilities of director and examiner The dirertor who are also the directors of Acts Community Church for the purposes of company law, are responsible for the preparalion of the accounts. The direclor rnnsider that an audit is not required for this year under section 144(21 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subjed to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act., (li) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act, and {iii) to state whether particular matters have come to my attention. Basis of Independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 indudes consideration of any unusual ilems or disdosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether thè aecoiints prp.£ent a 'true and fair and the report is limited to those matters set out in the next ststement. Independent examinerfs ststement In connection with my examination, no other matter except that referred to in the previous pafagraph has come to my attention.. (a) which gives me reasonable cause to believe th* in any material reSct the requirements.. (i) to keep accounting records in accordan with section 386 ofthe CompaniesAGt 2006; and (li) to prepare accounts which accord wth the accounting records, comply wth the accounting requirements of 396 of the Companies Act 2006 and wth the methods and principles of the Statement of Recommended Practice: Accounting and Reportng by Charities., have not been met or (bl to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Young & Phillips Limrted ACCA 77 Bute Street Treorchy Rhondda Cynon Taff CF42 6AH Dated: 10April 2025
ACTS COMMUNITYCHURCH STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestn"cteU ROStrlcEe(I funds funds Total 2024 Total 2023 Notes Charil Acts Church Rhondda Foodbank Caffi Croeso Fundraising 35.054 44.377 7,905 470 28,525 26.852 83,579 71,229 7,905 470 70.732 89,567 10.185 220 Total income 87,806 55.377 143,183 170,704 ndltu Raising funds 882 882 1,020 882 882 1,020 Cliaiitable aGtivitie3 67,228 76.141 143,369 119,680 Totsl resources expended 68.110 76,141 144,251 120,700 Net Incomel{expenditurel for the yearl Net movement in funds 19,696 (20,764) (1,068) 50,004 Fund balances at 1 January 2024 170,279 93,294 263,573 213,568 Fund balances at 31 December 2024 189,975 72.530 262,505 263,572 The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
ACTS COMMUNITY CHURCH BALANCE SHEET AS AT31 DECEMBER 2024 2024 2023 Notss Flxed assets Tangible assets Current assets Debtors Cash at bank and in hand 10 2,008 4.016 12 2.723 258,6 260.396 261.379 260,396 Creditors: amounts falling due wlthln one year 13 882 Net current assets 260,497 259.556 Total assets less current liabillties 262,505 263,572 Income funds Restricted funds Unrestricted fvnds 72,530 189,975 93,293 170,279 262.505 263,572 For the financial year ended 31 December 2024 the company was entiw to eX&M"0n from audit under seclicfi 477 of the Companies Act 2006 lating to small companies. Directors. responsibilities- The members have not r8quired the ccmpany to obtain an aldit of its financial statements for the year question in accordan with section 476.. The directors aGknow1edge their re5ponsitMlities for cornplying the requirements of the Acl wilh re$t to accounting records and the weparation of financial statements. These finanaal ststemerts have been prepared in accordare ¥1h ihe prvvisions apFAuble to companies su14. to the small companies, regime. The financial statements were approved by the trd ofdireclors and ath)rised for issue 10 Ap 2025 arKI ate signed on its behalf by. D Thomas Director Company Reglstratlon No. 07176059
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles Company infomiation Acts Community Church is a private company limited by guarantee incorporated in England and Wales. The registered office is 236-237 East Road, Tylorstown, RCT, CF43 3DA. 1.1 Accounting conventlon These accounts have been prepared in accordan wth FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" ('FRS 102°}, "Accounting and Reporting by Charities. Ihe Statement of Recommended Practice for charitses applying FRS 102, the Companies Ad 2006 and UK Generally Accepted Accounting Practice as tt applies from 1 January 2015. The tharity is a Public Benèfit Entity as defined by FRS 102. The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following Ihe Statement of Recommended Practi for charities applying FRS 102 rather than the version of the Ststement of Recommended Practice vthich is refeed to in the Regulations but which has since been wthdrawn. The accounts are prepared in sterling, which is the fijnctional currenGy of the company. Monetary amounts in these financial ststements are rounded to the nearest £. The accounts have been prepared on the historical ¢ost convention, modified to include the revaluation of freehold properties and to indude investment properties and certain finanaal instruments at fair value. The principal acGounting policies adopted are set out below. 1.2 Golng concern At the time of approving the accoLnts, the director have a reasonable expectstion that the tharity has adequate resources to continue in operational existence for the foreseeable future. Thus the directors ontinue to adopt the going concem basis of aco)unting in preparing the accounts. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the director in fvrtherance of their charitable objectives unless the fijnds have been designated for other purposes. Restricted funds are subject to speafic conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accoun Endowment funds are subject to specffic conditions by donors that the capital must be maintained by the charity. 1.4 Incomlng resources Income is recognised when the charity is legally entitled to tl after any perfomiance conditions have been mèt, the amounts can be measured reliably, and it is probable that income V11 be received. Cash donations are recognised on receipt. other donations are regnised once the chartty has been notified of the donation, unless Performan conditions require deferral of the arnount. Income tax recoverable in relation to donations received under Gfft Aid or deed5 of covenant is reccgnised at the time of the donation. Legacies are recognised on receipt or otherwise ff the chartty has teen notified of an impending distribution, the amounl is known, and receipt is expected. If the amount is not known, the legacy is treated a5 a contingent asset. 1.5 Resources expended Income and expenses are included in the finanaal ststements as they become receivable or du8. Expenses include VAT vthere applicable as the company cannot reclaim it.
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 AGGounting policies (Continued) 1.6 Tangible fixed assets Tangible fixed assets are inthally measured at cost and subSequty rneasured at cost or valuation, net of depreciation and any impaimient losses. Depreciation is recognised so as to wrbte off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Fixtu6 and fittings 3years straight line The gain or loss arising on the disposal of an asset is deteined as the difference behveen the sale proceeds and the cArying value of the asset, and is recognised in net incomel{expenditure} for the year. 1.7 Impainnent of flxed assets At each reporting end date. the charity reviews the carrytng amounts of its tangible and intsngible assets to detemiine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimat1 in order to detemiine the exient of the impaiment loss lif any. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rale that reflects current market assessments of the time value of money and the risks specific to Ihe asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset is estimated to be less than its carying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment bss is recognised immediately in incomel (expendtture for the year, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluatr.on decrease. Recognised impaiment losses are reversed if. and only if, the reasons for the impairment loss have ceased to apply. Where an impaiment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased rryIng amount does not exceed the carying amount thal would have been detemiined had no impairment loss been recognised for the asset in prior years. A reversal of an impaiThent loss is recognised immediately. unless the relevant asset is carrièd in at a revalued amount, in which case the reversal of the impairnent loss is treated as a revaluatDn increase. 1.8 Cash and cash equivalents Cash aiid cash equivalents include Gath in hand, dep08its held al call with bank?, othcr short-t¢mi liquid investments with original malurf(ies of three months or less, and tonk overdrafts. Bank overdrafts are shown within borrowngs in current liabilities. 1.9 Flnanclal Instruments The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and StiOn 12 'other Financial Inslruments Issues. of FRS 102 to all of its finanryal instfumenls. Financial instruments are recognised when the charity becomes paty to the contractual provisions of the instrument. Financial assets are offsel, with the net amounts presented in the accounts when there is a legally enforceable right to set off Ihe recognised amounts and there is an intention to settle on a net bags or to realise the asset and settle the liabilty muaneOusly.
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles (Contlnued Baslc financial assets Basic financial assets, which indude trade and other re1VableS and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carned al amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at Ihe present value of the future receipts discounted * a market rale of interest. Basic financial liabilities Basic financial liabilities, including trade and other payables, are In'allY recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future reIP1S discounted al a market rate of interest. Debt instruments are bsequentlY carried al amortised cost, using the effective interest rate method. Trade payables are obligations to pay for grx)ds or seNces that have been acquired in the ordinary course of operations from suppliers. Accounts payable are classified as current liabiltties if payment is due wthin one year or less. If not, they are presented as non-cuffent liabilities. Trade payable5 are recognised initially at transaction price and subsequenliy measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabiltties are derecognised when the companys contracbjal obligations expire or are discharged or cancelled. 1.10 Employèè bèneffts The cost of any unused holiday entitlement is recognised in the period in which the employee's servi$ are received. Tennination benefits are recognised immediately as an expense bthen the company is demonstrably commitied to temiinate the employment of an employee or to provide termination benefits. 1.11 Leases Rentals payable under operating leases. including any lease incèntives re[ved, are tharged to income on a straight line basis over the temi of the relevant lease. Critical accounting estimates and judgements In the application of the tharity's accounting poliaes, the directors are required to make judgements, estimales and assumptions about the carying amount of assets and liabiltties that are nol readily apparent from olher sources. I he estsmates and associaieo assumpfjons are base¢J on hlstortcal experlence and otliei factors that are considered to be relevant. Actual results may drffer from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basts. Revisions to accounting esb'mates are recognised in the period in which the eslimate is revised where the revision affects only that period, or in the period of the revision and future pefiods where the revision affects both Guent and future periods.
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Charitable activities Acts Church Rhondda Caffi Croes0 Foodban Total 2023 Sales Donations Rental refund Grants Rental inGorne GiftAid 7,273 632 7.273 64,923 140 59,877 10,500 9,122 54,247 24,554 39,737 140 31,352 28.525 10.500 81,694 18,250 7.171 63.579 71,229 7,905 142,713 170.484 Analysis by fund Unreslricted funds Restricted ftjnds 35,054 28.525 44,377 26,852 7.905 87,336 55,377 63.579 71,229 7,905 142,713 For the year ended 31 December 2023 Unrestricted funds Restricted fvnds 50,338 20,394 30,682 58,885 10.185 91,205 79,279 70,732 89,567 10,185 170,484 Fundralsing Unrestrlcted funds Total 2023 Fundraising ovénts 470 220 For the year ended 31 December 2023 220 220 Raising funds Unrestricted funds Total 2023 ndraisin and ubli Other fundraising costs 180 Tr din Goverance costs 882
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Raising funds (Contlnuedl 882 1,020 Forthe year ended 31 December 2023 Fundraising and publicaty Trading costs 180 180 840 1,020 1,020
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Charitsble activltles Acts Rhondda Church Foodbank Caffi Croeso Total 2023 staff costs Depreciation and impaimient Direct expenses Gifts and donations Outreach and event8 Light, heat and rates Rent Telephone Legal & professional fees Equipment and equipment hire Insurances Software. printing and staionery Repair & renewals Lieène&.q X qiibqciptions Cleaning Molor and travel expenses Clothing Volunteer expenses 43,540 2.008 217 3,204 1,488 3.130 35.904 79,444 2,008 4,899 3,813 1,488 3,945 16,590 3,325 5,231 4,775 2,747 473 9,065 525 647 4,070 24 300 62,873 2.008 6,687 4,394 1,189 4,499 19,540 4,628 609 815 16,590 3.139 4,077 2,858 2.747 246 3.883 490 498 1,154 248 1.713 1,669 2.706 509 3,250 764 237 3,896 415 1,192 197 5,182 35 114 4,070 30 35 24 30 270 71.525 64,819 7.025 143,369 119,680 71,525 64.819 7,025 143,369 119,680 Analysls by fund Unrestricted fvnds Restricted funds 23,916 47,609 36,287 28.532 7.025 67,228 76,141 71,525 64.819 7,025 143,369 For the year ended 31 December 2023 Unrestricted funds Restricted funds 21.349 3,243 28,427 59,542 7.119 56,895 62,785 24.592 87.969 7,119 119,680 Employees The average monthly number of pers¢Jn5 (including directors) employed by the company during the year was.. 2024 Number 2023 Number
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 10 Tangible fixed assets Flxtur¢¥ and fittbngJ Cost At 1 January 2024 6,024 At 31 December 2024 6,024 Depreclatlon and Impalmient At 1 January 2024 Deprecialion charged in the year 2,008 2,008 At 31 December 2024 4,016 Carrying amount At 31 December 2024 2,008 At 31 December 2023 4.016 11 Financlal Instruments 2024 2023 Carrying amount of financial assets Cash al bank and hand 258,656 260,396 Carrylng amount of flnanclal liabilities Creditors 882 12 Debtors 2024 2023 Arnounts falling due after one year: other debtors 2.723 13 Creditors: amounts falling due wlthln one year 2024 2023 Accruals and defeThed income 882 10-
ACTS COMMUNITYCHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Restricted funds The income fvnds of the charity include restsicted fijnds comprising the follobwng unexpended balanS of donations and grants held on trust for speafic purposes.. Movement in funds Incomlng Resources Balance at 31 resources expended December 2024 Balance at 1 January 2024 Mosaw grant National Lottery grant RCT Warm welcome Trusell Trust 2022 Tru55ell Trust propety grant Wndfarm grant Trussell Trust wages grant 45,000 15.232 1,919 1,142 30,000 124,917) 120,TT2) (1,919) (12,378) {5,250) 20.083 22,985 28.525 11,236 24.750 2,500 2,212 2.500 13,116 {10,904) 93,293 55.377 (76,140) 72,530 11
Charity Registration No. 1136590 Company Registration No. 07175059 (England and Wales) ACTS COMMUNITY CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
ACTS COMMUNITY CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Dlrector Mr S Evans Mr D Thomas Mrs G Harris Mr J Harris Secretary Mr D Thomas Charfty number 1136590 Company number 07175059 Registered office 236-237 East Road Tylorstown RCT CF43 3DA Independent examiner Young & Phillips Lirnited 77 Bute Street Treorchy Rhondda cYrn Taff CF42 6AH
ACTS COMMUNITYCHURCH CONTENTS Page Independent examinerfs report Statement of financial activities Balance sheet Notes to the accounts 4-11
ACTS COMMUNITY CHURCH INDEPENDENT EXAMINER'S REPORT TO THE DIRECTOR OF ACTS COMMUNITY CHURCH I report on the aGcounts of the charity for the year ended 31 December 2024. which are set out on pages 2 to 11. Respectlve responsibilities of director and examiner The dirertor who are also the directors of Acts Community Church for the purposes of company law, are responsible for the preparalion of the accounts. The direclor rnnsider that an audit is not required for this year under section 144(21 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subjed to audit under company law and is eligible for independent examination, it is my responsibility to: examine the accounts under section 145 of the 2011 Act., (li) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act, and {iii) to state whether particular matters have come to my attention. Basis of Independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 indudes consideration of any unusual ilems or disdosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether thè aecoiints prp.£ent a 'true and fair and the report is limited to those matters set out in the next ststement. Independent examinerfs ststement In connection with my examination, no other matter except that referred to in the previous pafagraph has come to my attention.. (a) which gives me reasonable cause to believe th* in any material reSct the requirements.. (i) to keep accounting records in accordan with section 386 ofthe CompaniesAGt 2006; and (li) to prepare accounts which accord wth the accounting records, comply wth the accounting requirements of 396 of the Companies Act 2006 and wth the methods and principles of the Statement of Recommended Practice: Accounting and Reportng by Charities., have not been met or (bl to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Young & Phillips Limrted ACCA 77 Bute Street Treorchy Rhondda Cynon Taff CF42 6AH Dated: 10April 2025
ACTS COMMUNITYCHURCH STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestn"cteU ROStrlcEe(I funds funds Total 2024 Total 2023 Notes Charil Acts Church Rhondda Foodbank Caffi Croeso Fundraising 35.054 44.377 7,905 470 28,525 26.852 83,579 71,229 7,905 470 70.732 89,567 10.185 220 Total income 87,806 55.377 143,183 170,704 ndltu Raising funds 882 882 1,020 882 882 1,020 Cliaiitable aGtivitie3 67,228 76.141 143,369 119,680 Totsl resources expended 68.110 76,141 144,251 120,700 Net Incomel{expenditurel for the yearl Net movement in funds 19,696 (20,764) (1,068) 50,004 Fund balances at 1 January 2024 170,279 93,294 263,573 213,568 Fund balances at 31 December 2024 189,975 72.530 262,505 263,572 The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
ACTS COMMUNITY CHURCH BALANCE SHEET AS AT31 DECEMBER 2024 2024 2023 Notss Flxed assets Tangible assets Current assets Debtors Cash at bank and in hand 10 2,008 4.016 12 2.723 258,6 260.396 261.379 260,396 Creditors: amounts falling due wlthln one year 13 882 Net current assets 260,497 259.556 Total assets less current liabillties 262,505 263,572 Income funds Restricted funds Unrestricted fvnds 72,530 189,975 93,293 170,279 262.505 263,572 For the financial year ended 31 December 2024 the company was entiw to eX&M"0n from audit under seclicfi 477 of the Companies Act 2006 lating to small companies. Directors. responsibilities- The members have not r8quired the ccmpany to obtain an aldit of its financial statements for the year question in accordan with section 476.. The directors aGknow1edge their re5ponsitMlities for cornplying the requirements of the Acl wilh re$t to accounting records and the weparation of financial statements. These finanaal ststemerts have been prepared in accordare ¥1h ihe prvvisions apFAuble to companies su14. to the small companies, regime. The financial statements were approved by the trd ofdireclors and ath)rised for issue 10 Ap 2025 arKI ate signed on its behalf by. D Thomas Director Company Reglstratlon No. 07176059
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles Company infomiation Acts Community Church is a private company limited by guarantee incorporated in England and Wales. The registered office is 236-237 East Road, Tylorstown, RCT, CF43 3DA. 1.1 Accounting conventlon These accounts have been prepared in accordan wth FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" ('FRS 102°}, "Accounting and Reporting by Charities. Ihe Statement of Recommended Practice for charitses applying FRS 102, the Companies Ad 2006 and UK Generally Accepted Accounting Practice as tt applies from 1 January 2015. The tharity is a Public Benèfit Entity as defined by FRS 102. The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following Ihe Statement of Recommended Practi for charities applying FRS 102 rather than the version of the Ststement of Recommended Practice vthich is refeed to in the Regulations but which has since been wthdrawn. The accounts are prepared in sterling, which is the fijnctional currenGy of the company. Monetary amounts in these financial ststements are rounded to the nearest £. The accounts have been prepared on the historical ¢ost convention, modified to include the revaluation of freehold properties and to indude investment properties and certain finanaal instruments at fair value. The principal acGounting policies adopted are set out below. 1.2 Golng concern At the time of approving the accoLnts, the director have a reasonable expectstion that the tharity has adequate resources to continue in operational existence for the foreseeable future. Thus the directors ontinue to adopt the going concem basis of aco)unting in preparing the accounts. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the director in fvrtherance of their charitable objectives unless the fijnds have been designated for other purposes. Restricted funds are subject to speafic conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accoun Endowment funds are subject to specffic conditions by donors that the capital must be maintained by the charity. 1.4 Incomlng resources Income is recognised when the charity is legally entitled to tl after any perfomiance conditions have been mèt, the amounts can be measured reliably, and it is probable that income V11 be received. Cash donations are recognised on receipt. other donations are regnised once the chartty has been notified of the donation, unless Performan conditions require deferral of the arnount. Income tax recoverable in relation to donations received under Gfft Aid or deed5 of covenant is reccgnised at the time of the donation. Legacies are recognised on receipt or otherwise ff the chartty has teen notified of an impending distribution, the amounl is known, and receipt is expected. If the amount is not known, the legacy is treated a5 a contingent asset. 1.5 Resources expended Income and expenses are included in the finanaal ststements as they become receivable or du8. Expenses include VAT vthere applicable as the company cannot reclaim it.
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 AGGounting policies (Continued) 1.6 Tangible fixed assets Tangible fixed assets are inthally measured at cost and subSequty rneasured at cost or valuation, net of depreciation and any impaimient losses. Depreciation is recognised so as to wrbte off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Fixtu6 and fittings 3years straight line The gain or loss arising on the disposal of an asset is deteined as the difference behveen the sale proceeds and the cArying value of the asset, and is recognised in net incomel{expenditure} for the year. 1.7 Impainnent of flxed assets At each reporting end date. the charity reviews the carrytng amounts of its tangible and intsngible assets to detemiine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimat1 in order to detemiine the exient of the impaiment loss lif any. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rale that reflects current market assessments of the time value of money and the risks specific to Ihe asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset is estimated to be less than its carying amount, the carrying amount of the asset is reduced to its recoverable amount. An impairment bss is recognised immediately in incomel (expendtture for the year, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluatr.on decrease. Recognised impaiment losses are reversed if. and only if, the reasons for the impairment loss have ceased to apply. Where an impaiment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but so that the increased rryIng amount does not exceed the carying amount thal would have been detemiined had no impairment loss been recognised for the asset in prior years. A reversal of an impaiThent loss is recognised immediately. unless the relevant asset is carrièd in at a revalued amount, in which case the reversal of the impairnent loss is treated as a revaluatDn increase. 1.8 Cash and cash equivalents Cash aiid cash equivalents include Gath in hand, dep08its held al call with bank?, othcr short-t¢mi liquid investments with original malurf(ies of three months or less, and tonk overdrafts. Bank overdrafts are shown within borrowngs in current liabilities. 1.9 Flnanclal Instruments The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and StiOn 12 'other Financial Inslruments Issues. of FRS 102 to all of its finanryal instfumenls. Financial instruments are recognised when the charity becomes paty to the contractual provisions of the instrument. Financial assets are offsel, with the net amounts presented in the accounts when there is a legally enforceable right to set off Ihe recognised amounts and there is an intention to settle on a net bags or to realise the asset and settle the liabilty muaneOusly.
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles (Contlnued Baslc financial assets Basic financial assets, which indude trade and other re1VableS and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carned al amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at Ihe present value of the future receipts discounted * a market rale of interest. Basic financial liabilities Basic financial liabilities, including trade and other payables, are In'allY recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future reIP1S discounted al a market rate of interest. Debt instruments are bsequentlY carried al amortised cost, using the effective interest rate method. Trade payables are obligations to pay for grx)ds or seNces that have been acquired in the ordinary course of operations from suppliers. Accounts payable are classified as current liabiltties if payment is due wthin one year or less. If not, they are presented as non-cuffent liabilities. Trade payable5 are recognised initially at transaction price and subsequenliy measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabiltties are derecognised when the companys contracbjal obligations expire or are discharged or cancelled. 1.10 Employèè bèneffts The cost of any unused holiday entitlement is recognised in the period in which the employee's servi$ are received. Tennination benefits are recognised immediately as an expense bthen the company is demonstrably commitied to temiinate the employment of an employee or to provide termination benefits. 1.11 Leases Rentals payable under operating leases. including any lease incèntives re[ved, are tharged to income on a straight line basis over the temi of the relevant lease. Critical accounting estimates and judgements In the application of the tharity's accounting poliaes, the directors are required to make judgements, estimales and assumptions about the carying amount of assets and liabiltties that are nol readily apparent from olher sources. I he estsmates and associaieo assumpfjons are base¢J on hlstortcal experlence and otliei factors that are considered to be relevant. Actual results may drffer from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basts. Revisions to accounting esb'mates are recognised in the period in which the eslimate is revised where the revision affects only that period, or in the period of the revision and future pefiods where the revision affects both Guent and future periods.
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Charitable activities Acts Church Rhondda Caffi Croes0 Foodban Total 2023 Sales Donations Rental refund Grants Rental inGorne GiftAid 7,273 632 7.273 64,923 140 59,877 10,500 9,122 54,247 24,554 39,737 140 31,352 28.525 10.500 81,694 18,250 7.171 63.579 71,229 7,905 142,713 170.484 Analysis by fund Unreslricted funds Restricted ftjnds 35,054 28.525 44,377 26,852 7.905 87,336 55,377 63.579 71,229 7,905 142,713 For the year ended 31 December 2023 Unrestricted funds Restricted fvnds 50,338 20,394 30,682 58,885 10.185 91,205 79,279 70,732 89,567 10,185 170,484 Fundralsing Unrestrlcted funds Total 2023 Fundraising ovénts 470 220 For the year ended 31 December 2023 220 220 Raising funds Unrestricted funds Total 2023 ndraisin and ubli Other fundraising costs 180 Tr din Goverance costs 882
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Raising funds (Contlnuedl 882 1,020 Forthe year ended 31 December 2023 Fundraising and publicaty Trading costs 180 180 840 1,020 1,020
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Charitsble activltles Acts Rhondda Church Foodbank Caffi Croeso Total 2023 staff costs Depreciation and impaimient Direct expenses Gifts and donations Outreach and event8 Light, heat and rates Rent Telephone Legal & professional fees Equipment and equipment hire Insurances Software. printing and staionery Repair & renewals Lieène&.q X qiibqciptions Cleaning Molor and travel expenses Clothing Volunteer expenses 43,540 2.008 217 3,204 1,488 3.130 35.904 79,444 2,008 4,899 3,813 1,488 3,945 16,590 3,325 5,231 4,775 2,747 473 9,065 525 647 4,070 24 300 62,873 2.008 6,687 4,394 1,189 4,499 19,540 4,628 609 815 16,590 3.139 4,077 2,858 2.747 246 3.883 490 498 1,154 248 1.713 1,669 2.706 509 3,250 764 237 3,896 415 1,192 197 5,182 35 114 4,070 30 35 24 30 270 71.525 64,819 7.025 143,369 119,680 71,525 64.819 7,025 143,369 119,680 Analysls by fund Unrestricted fvnds Restricted funds 23,916 47,609 36,287 28.532 7.025 67,228 76,141 71,525 64.819 7,025 143,369 For the year ended 31 December 2023 Unrestricted funds Restricted funds 21.349 3,243 28,427 59,542 7.119 56,895 62,785 24.592 87.969 7,119 119,680 Employees The average monthly number of pers¢Jn5 (including directors) employed by the company during the year was.. 2024 Number 2023 Number
ACTS COMMUNITY CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 10 Tangible fixed assets Flxtur¢¥ and fittbngJ Cost At 1 January 2024 6,024 At 31 December 2024 6,024 Depreclatlon and Impalmient At 1 January 2024 Deprecialion charged in the year 2,008 2,008 At 31 December 2024 4,016 Carrying amount At 31 December 2024 2,008 At 31 December 2023 4.016 11 Financlal Instruments 2024 2023 Carrying amount of financial assets Cash al bank and hand 258,656 260,396 Carrylng amount of flnanclal liabilities Creditors 882 12 Debtors 2024 2023 Arnounts falling due after one year: other debtors 2.723 13 Creditors: amounts falling due wlthln one year 2024 2023 Accruals and defeThed income 882 10-
ACTS COMMUNITYCHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Restricted funds The income fvnds of the charity include restsicted fijnds comprising the follobwng unexpended balanS of donations and grants held on trust for speafic purposes.. Movement in funds Incomlng Resources Balance at 31 resources expended December 2024 Balance at 1 January 2024 Mosaw grant National Lottery grant RCT Warm welcome Trusell Trust 2022 Tru55ell Trust propety grant Wndfarm grant Trussell Trust wages grant 45,000 15.232 1,919 1,142 30,000 124,917) 120,TT2) (1,919) (12,378) {5,250) 20.083 22,985 28.525 11,236 24.750 2,500 2,212 2.500 13,116 {10,904) 93,293 55.377 (76,140) 72,530 11