## **Trustees’ Annual Report for the period** **From 1 April 2024 To 31 March 2025** **Charity name: Caersalem Baptist Church, St Mellons & Caersalem Chapel Charity registration number: 1145492** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes
of the charity as set out in
its governing document|Para 1.17|_Caersalem Baptist Church_
Under the constitution adopted by the
members of the church, the principal object
of the church is the advancement of the
Christian faith in accordance with the Basis
of Faith primarily but not exclusively within
Eastern Cardiff.
_Caersalem Baptist Chapel_
The principal purpose of the Caersalem
Baptist Chapel Trust is that of providing a
place of public worship for Particular or
Calvinistic Baptists in the parish of St
Mellons, Cardiff.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|We meet regularly (twice on a Sunday and
once during the week) to worship God. We
also enjoy fellowship together and are
committed to reaching out into our
neighbouring communities of Old St Mellons,
Llanrumney and St Mellons, and to the wider
districts of Trowbridge, Pontprennau and the
smaller villages to the North and East of the
church.
We also run a Sunday School, a carer &
toddler group, a club for teenagers, a
meeting for junior school children, meetings
specifically for women and for men, and
various other meetings.
In addition, the church buildings have been
used for community activities such as an
election polling station and for local primary
school carol services.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|In setting objectives and planning for
activities, the Trustees have given due
consideration to general guidance published
by the Charity Commission relating to public
benefit, including the guidance 'Public
benefit: running a charity (PB2)'.| ## **Achievements and Performance** ||SORP
reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|_Worship services_
As noted above, the church meets 3 times a
week for collective worship, prayer and teaching
which is open to the entire community. These
meetings are held in the chapel but are also
available on-line either through webcasting via
YouTube for Sunday Services or through Zoom in
the case of prayer meetings.
_Sunday school_
The Sunday School typically has around 15 to 25
children between the ages of 3 and 11 attending
each week during term time with a mix of songs,
bible stories and activities for the children.
_First steps_
First Steps, our carer & toddler group meet
weekly on a Wednesday morning at the chapel
and typically 16 to 24 family groups will come
each week for a mixture of conversation, bible
stories and associated activities.
_Trailblazers_
During the year under review, we restarted our
Friday evening meeting for children of junior
school age.
_Young people's fellowship_
The young people's fellowship caters for children
of secondary school age combining a mix of
social activities with Christian teaching, including
application of Christianity in the lives of the young
people.
_Ladies & men's meetings_
The ladies meet weekly at the chapel on a
Thursday morning and once a month on a
Saturday for breakfast. The men meet in a variety
of situations, including some breakfasts during
the year and also other organised activities.
_Care home_
A number of members will take a short service in
a local care home on a Thursday once a month.
_Missionaries_
The church continues to support a number of
missionaries both in the UK and serving
overseas. In particular, one of our members is
working locally in areas of need and another is
working in a hospital in Uganda.| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity continues to show a strong
financial position at the end of the year.| |
Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The trustees believe that it is appropriate
that the Charity seeks to build a level of
free reserves (defined as the balance on
the General Fund) to provide for
unforeseen costs arising on the property
and to allow an orderly wind down of
activities in the event the Charity had to
close.| |Amount of reserves held|Para 1.22|The General Fund as at 31 March 2025
amounted to £37,331 (2024: £104,970).| ## **Structure, Governance and Management** |Description of charity’s
trusts:||_Caersalem Baptist Church, St Mellons_
Caersalem Baptist Church, St Mellons (the
"Church") is a Charitable Trust,
representing a group of Particular
(Calvinistic) Baptist believers who meet at
Caersalem Chapel, St Mellons, Cardiff. The
members of the church have adopted a
constitution setting out the key beliefs of
the church and the requirements of
membership.
As at 31 March 2025, the Church
comprised of 88 (2024: 92) members.
The Church membership is composed of
those who have been called and separated
from the world by the Word and the Spirit of
God and who through faith in the Lord
Jesus Christ are savingly converted to Him,
and have been baptised by immersion into
the likeness of Christ’s death and
resurrection.
A person may apply to the Elders to
become a member of the Church and that
application, if approved (after a meeting
with at least two Elders), is then laid before
the members at a Church meeting for their
approval.
In accordance with Biblical teachings, the
members have identified individuals from
within the membership to oversee both
spiritual matters (Elders) and temporal
matters (Deacons). These individuals are
regarded as the Trustees of Caersalem
Baptist Church, St Mellons and they are
elected to office by the members of the
Church in accordance with the Rules of the
Church.| |---|---|---| |||_Caersalem Baptist Chapel_
The Trust of Caersalem Baptist Chapel is a
Holding Trust which was established in
1884 to provide a place of public worship
for Particular or Calvinistic Baptists in the
parish of St Mellons, Monmouthshire (now
the City and County of Cardiff), who had
gathered to meet since 1794.
Members of the Church Trust automatically
become members of the Chapel Trust.
The trust deed requires a minimum of 5
and maximum of 15 trustees to be
appointed. The appointment of a trustee is
dependent on securing a two-thirds
majority of church members voting at a
meeting called for such a purpose. A
meeting to appoint a trustee will only occur
either when the number of trustees falls
below the minimum level of 5 or when the
male members of the church believe it is
appropriate to do so.
Trustees are appointed until death,
resignation, removal from office, incapacity
or being beyond the seas.| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Trust Deeds| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Unincorporated| |
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|See above| ## **Reference and Administrative details** |Charity name|Caersalem Baptist Church, St Mellons & Caersalem Baptist
Chapel| |---|---| |Other name the charity uses|St Mellons Baptist Church| |
Registered charitynumber|
1145492| |Charity’s principal address|Caersalem Chapel
Ty’r Winch Road
Old St Mellons
Cardiff
CF3 5US| Trustee name N Evans OffirA rfa Date• acted if not for whole gar J Johnston Deacon Resigned 2 October 2024 J McDonald A Reesl.2 M Rees Elder N Rowe A Smith2 Deacon DeGeased 22 September 2024 G Thomas,, R Webster, Deacon & Treasurer Assistant Minister & Elder Elder & Church Secretary Deacon 10 D C Williams 11 J Williams, Not8 Trustee of Caersalem Bapti8t Church, St Mellons Trustee of Caersalem Baptist Chap81 Declarations The trustoes declare that they hav• approved the tru3tsos' report above. Slgned on behalf of tho charlty's trustses Slgnatur•(s) Full nam8(s) David C Williams Position (eg Secretary, Chair, etc) Elder Date 25 January 2026 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to tho trustees Caersalom Baptlst Church, St Mellons & Caersalem Chapel On accounts for the year ended 31 March 2025 Charlty no (if any) 1145492 Set out on pages 1 to17 I report to the Iruste8s on my examination of the accounls of the above charity (°the Trust.) for Ihe year ended 31 March 2025. Responsibilities and basls of report As the charity's truslees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accoLJnts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under sedion 145(5)(b) of the Act. Independent I have completed my examination. I confirm that no material matters have examiner's 8tatom8nt come to my attention in connection with the which gives me cause to believe that in, any material re8PeCt: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no COn￿rn$ and have come across no other matters in connection with Ihe examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: 25 January 2026 Name: Alwyn Failhfull Relevant professlonal qualOfication(s) or body (If anyl: FCA Address: 3 Telford Close Rogerstone Newport, NP10 ODL |Charity No
(if any)
1145492
Period start date
**01-Apr-24**
**To**
Period end
date
**31-Mar-25**
**Caersalem Baptist Church, St Mellons &**
**Caersalem Chapel**
Annual accounts for the period
”—————————i
FOR ENGLAND AND WALES|Charity No
(if any)
1145492
Period start date
**01-Apr-24**
**To**
Period end
date
**31-Mar-25**
**Caersalem Baptist Church, St Mellons &**
**Caersalem Chapel**
Annual accounts for the period
”—————————i
FOR ENGLAND AND WALES|Charity No
(if any)
1145492
Period start date
**01-Apr-24**
**To**
Period end
date
**31-Mar-25**
**Caersalem Baptist Church, St Mellons &**
**Caersalem Chapel**
Annual accounts for the period
”—————————i
FOR ENGLAND AND WALES|Charity No
(if any)
1145492
Period start date
**01-Apr-24**
**To**
Period end
date
**31-Mar-25**
**Caersalem Baptist Church, St Mellons &**
**Caersalem Chapel**
Annual accounts for the period
”—————————i
FOR ENGLAND AND WALES|Charity No
(if any)
1145492
Period start date
**01-Apr-24**
**To**
Period end
date
**31-Mar-25**
**Caersalem Baptist Church, St Mellons &**
**Caersalem Chapel**
Annual accounts for the period
”—————————i
FOR ENGLAND AND WALES|Charity No
(if any)
1145492
Period start date
**01-Apr-24**
**To**
Period end
date
**31-Mar-25**
**Caersalem Baptist Church, St Mellons &**
**Caersalem Chapel**
Annual accounts for the period
”—————————i
FOR ENGLAND AND WALES|Charity No
(if any)
1145492
Period start date
**01-Apr-24**
**To**
Period end
date
**31-Mar-25**
**Caersalem Baptist Church, St Mellons &**
**Caersalem Chapel**
Annual accounts for the period
”—————————i
FOR ENGLAND AND WALES|Charity No
(if any)
1145492
Period start date
**01-Apr-24**
**To**
Period end
date
**31-Mar-25**
**Caersalem Baptist Church, St Mellons &**
**Caersalem Chapel**
Annual accounts for the period
”—————————i
FOR ENGLAND AND WALES|Charity No
(if any)
1145492
Period start date
**01-Apr-24**
**To**
Period end
date
**31-Mar-25**
**Caersalem Baptist Church, St Mellons &**
**Caersalem Chapel**
Annual accounts for the period
”—————————i
FOR ENGLAND AND WALES|Charity No
(if any)
1145492
Period start date
**01-Apr-24**
**To**
Period end
date
**31-Mar-25**
**Caersalem Baptist Church, St Mellons &**
**Caersalem Chapel**
Annual accounts for the period
”—————————i
FOR ENGLAND AND WALES|i|i| |---|---|---|---|---|---|---|---|---|---|---|---| |**Section A Statement of financial activities**|**Section A Statement of financial activities**|||||**Section A Statement of financial activities**|**Section A Statement of financial activities**||||| |**Recommended categories by**||**Unrestricted**|**Unrestricted**||**Restricted**
**income**||**Endowment**|||**Prior year**|| |**activity**
**Incoming resources (Note 3)**||**funds**
**£**|||**funds**
**£**|||**funds**
**£**|**Total funds**
**£**|**funds**
**£**|| |**Income and endowments from:**|||||||||||| |Donations and legacies||122,798|||5,355|||-|128,153|133,125|| |Charitable activities||-|||-|||-|-|-|| |Other trading activities||-|||-|||-|-|-|| |Investments||3,759|||-|||-|3,759|1,269|| |Separate material item of income||-|||-|||-|-|-|| |Other||25,416|||-|||-|25,416|31|| |**Resources expended (Note 4)**
**_Total_**||151,973|||5,355|||-|157,328|134,425|| |**Expenditure on:**|||||||||||| |Raising funds||-|||-|||-|-|-|| |Charitable activities||124,370|||6,194|||7,655|138,219|115,775|| |Separate material item of expense||-|||-|||-|-|-|| |Other||-|||-|||-|-|-|| |**_Total_**||124,370|||6,194|||7,655|138,219|115,775|| |**Net income/(expenditure) before investment**||27,603||-|839
-||-|7,655
-|19,109|18,650|| |Net gains/(losses) on investments||-|||-|||-|-|-|| |**Net income/(expenditure)**||27,603||-|839
-||-|7,655
-|19,109|18,650|| |**Extraordinary items**||-|||-|||-|-|-|| |**Transfers between funds**||-|||-|||-|-|-|| |**Other recognised** **gains/(losses):**|||||||||||| |Gains and losses on revaluation of fixed assets for the charity’s own use|Gains and losses on revaluation of fixed assets for the charity’s own use|-|||-|||-|-|-|| |Other gains/(losses)||-|||-|||-|-|-|| |**_Net movement in funds_**||27,603||-|839
-||-|7,655
-|19,109|18,650|| |**_Reconciliation of funds:_**|||||||||||| |Total funds brought forward||206,763|||9,032|||227,846|443,641|424,991|| |**_Total funds carried forward_**||234,366|||8,193|||220,191|462,750|443,641|| Page 1 of 17 Caersalern Bapt￿1 Chur¢h. St Meltons & Caersalem Chappl Char No 1145492 Annual accounts for the eriod Poriod 818rt date.. 1 Aprll 2024 To peiiod end dale.. 31 Marth 2025 Section B Balance sheet Restrlctod Unro¥trict•d Incom• funds fund• Endowment Totsl th1$ fund• y•ar Tol•l l•¥t y•ar Fixed assots Intanglbh a88•ts Tanglbl? as8frts Herltage Inv•stmonts Tot41 Ilx•d a$s•t8 Current as86ts Stock• (Nota 18) D¢btor4 (Nots 8) Invo•tments (Noto 9) Ca•h at b•nk •nd In hand (Not• 10) Totsl currert amets (Nots 15) (Note 7 (Note 16) (Not• 171 77,454 220.191 297,845 310,417 220 191 310417 28.658 77,526 54.275 160 459 28,658 77,526 82,468 3,735 8.193 132,199 Credltovs: amount8 falllng du• wlthln on• yoar (Not• 11 3.547 3.547 2,710 N•t eurnt a880ts/(Ilabllltl•s) 165 105 133224 Tot•1 aM•ts 1•$8 eurr•M Il•bllhl•s 19 Crndltorn: amounts lalllng du• after on• y•ar (Note 20) Provl•lon• for Il•bllltl•• Tot•1 n•t a88•ts orllabllftlos Fund8 of the Charlty Endowm•nt fund• (Nots 131 Rmtrfcted Income fund• (Not• 131 Unmlrlctsd fund• (Not• 13) R•valuatlon r•90 F•lr valuo r•••Yv• Total funds 220,191 220,191 8,193 234,368 227,846 9.032 206.763 8,193 234.366 220 191 The ¢onwny w•4 •ntltled to ex•mpdon from audlt und•rs477 0lth• Comp4nl•s Act 2006 r•latlng to *m811 eonlpanles. Th• m•mb•r8 have not r•qulrnd the Company io obtaln •n •udft In •¢¢ord•ne• wlth 8e¢tlon 476 olth• Companle4 Act 2006. Th dlrn¢tor8 acknowledg• thelrrnsponslbllhles ftir conwlylng wlth th• rwlr•m•nts of tho comp•nI￿ A¢t wlth r•8p•et to The80 accounts have b6en prwjared In accorda￿9 wlth the provlslon• •pplk•bl• to small companlos subJe¢t to th• $mall Slgned by one Iru$lee on behawol all the Iru8tees Piint Name Davij C W￿l￿arn5 Dale of a roval 2￿an-26 Page 2 of 17 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** ## _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: - with  the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that The charity continues to have an appropriate level of available support the conclusion that the charity is a funds and the trustees are not aware, at the date of approval of going concern; these financial statements, of any circumstances that would cause the charity to cease operations in the forseeable future (at least 12 months). Disclosure of any uncertainties that make the Not applicable going concern assumption doubtful; Where accounts are not prepared on a going Not applicable concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. Page 3 of 17 ## **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies 2.2 INCOME** _This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._ |**Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
· the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
· the monetary value can be measured with sufficient reliability.
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to
the grant only occurs when the performance related conditions are met (5.16 FRS
102 SORP).
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to
be the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are
recognised as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is
the expected proceeds from sale less the expected costs of sale, and recognised in
'Income from other trading activities' with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is charged against 'Income from other
trading activities' and the proceeds from sale are also recognised as 'Income from
other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed
assets and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from
donations when receivable.
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient
assets in the estate and any conditions attached to the legacy are either within the
control of the charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on**
**donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that
gift and is treated as an addition to the same fund as the initial donation unless the
donor or the terms of the appeal have specified otherwise.
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
**Contractual income and**
**performance related**
**grants**
**Donated goods**|Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a
| |---|---| Page 4 of 17 |**Grants with performance**
**conditions**
**Grants payable without**
**performance conditions**
**Redundancy cost**
**Deferred income**
**Creditors**
**Provisions for liabilities**
Where there are no conditions attaching to the grant that enables the donor charity
to realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
The charity made no redundancy payments during the reporting period.
No material item of deferred income has been included in the accounts.
The charity has creditors which are measured at settlement amounts less any trade
discounts
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
Donated services and facilities are included in the SOFA when received at the value
of the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
**Donated services and**
**facilities**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount
of the obligation can be measured with reasonable certainty.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity
and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property
costs by floor areas, or per capita, staff costs by the time spent and other costs by
their usage.
Where the charity gives a grant with conditions for its payment being a specific level
of service or output to be provided, such grants are only recognised in the SoFA
once the recipient of the grant has provided the specified service or output.
**Support costs**
The charity has incurred expenditure on support costs.
The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.
This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.
Membership subscriptions received in the nature of a gift are recognised in
Donations and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services
as income from charitable activities.
Insurance claims are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an
item of other income in the SoFA.
This includes any realised or unrealised gains or losses on the sale of investments
and any gain or loss resulting from revaluing investments to market value at the end
of the year.
**2.3 EXPENDITURE AND LIABILITIES**
**Volunteer help**
**Income from interest,**
**royalties and dividends**
**Income from membership**
**subscriptions**
**Settlement of insurance**
**claims**
**Investment gains and**
**losses**
**Liability recognition**
**Governance and support**
**costs**|Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a
| |---|---| Page 5 of 17 **----- Start of picture text -----**
The charity accounts for basic financial instruments on initial recognition as per
Basic financial Yes No N/a
paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs
instruments 
11.17 to 11.19, FRS102 SORP.
2.4 ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least
use by charity
Yes No N/a
They are valued at cost.

The depreciation rates and methods used are disclosed in note 7.
Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not Yes No N/a
have physical substance but are identifiable and are controlled by the charity
through custody or legal rights. The amortisation rates and methods used are 
disclosed in note 9.5
Yes No N/a
They are valued at cost. 
Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, Yes No N/a
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The 
depreciation rates and methods used as disclosed in note 9.6.1.4.
Yes No N/a
They are valued at cost. 
Investments Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the Yes No N/a
year end. The same treatment is applied to unlisted investments unless fair value 
cannot be measured reliably in which case it is measured at cost less impairment.
Yes No N/a
Investments held for resale or pending their sale and cash and cash equivalents
with a maturity date of less than 1 year are treated as current asset investments 
Yes No N/a
Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or
progress net realisable value. 
Yes No N/a
Goods or services provided as part of a charitable activity are measured at net
realisable value based on the service potential provided by items of stock. 
Yes No N/a
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
contract. 
Debtors (including trade debtors and loans receivable) are measured on initial Yes No N/a
recognition at settlement amount after any trade discounts or amount advanced by the
Debtors
charity. Subsequently, they are measured at the cash or other consideration expected 
to be received.
The charity has has investments which it holds for resale or pending their sale and cash
Yes No N/a
Current asset and cash equivalents with a maturity date less than one year. These include cash on
investments deposit and cash equivalents with a maturity date of less than one year held for 
investment purposes rather than to meet short term cash commitments as they fall due.
Yes No N/a
They are valued at fair value except where they qualify as basic financial 
instruments.
POLICIES ADOPTED None
**----- End of picture text -----**
Page 6 of 17 ## **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of income** **----- Start of picture text -----**
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 104,607 4,673 - 109,280 112,631
and legacies: Gift Aid 18,191 682 - 18,873 20,494
Total 122,798 5,355 - 128,153 133,125
Income from Interest income 3,759 - - 3,759 1,269
investments: Total 3,759 - - [ 3,759 ] 1,269
Other: Insurance income 24,636 - - 24,636 -
Other 780 - - 780 31
Total 25,416 - - [ 25,416 31 ]
TOTAL INCOME 151,973 5,355 - 157,328 134,425
Other information:
**----- End of picture text -----**
**All income in the prior year was unrestricted except for: (please provide description and amounts)** See note 13 for a breakdown of prior year income by restricted and unrestricted balances. All restricted income arose from Donations and Legacies. Page 7 of 17 ## **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of expenditure** |**Note 4 Analysis of**|**expenditure**| |---|---| |**Analysis**
**Expenditure on charitable activities:**
Ministry
Outreach & activities
Chapel maintenance
Other support costs
**Total expenditure on charitable**
**activities**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
17,200
- - 17,200
14,505
-
- 14,505
37,825 6,154
- 43,979
36,796
11,235
- 48,031
62,510 40 7,655
70,205
41,037
- 7,655
48,692
6,835
- - 6,835
4,534
13
- 4,547
**This year**
**Last year**| ||124,370 6,194 7,655
138,219
96,872
11,248
7,655
115,775| Page 8 of 17 ## **Section C Notes to the accounts (cont)** ## **Note 5 Paid employees** ## _**Please complete this note if the charity has any employees.**_ ## **11.1 Staff Costs** As the disclosure of total wages and salaries would disclose the sole employee's salary arrangements, the disclosure requirement of the SORP has been overridden to safeguard the right to privacy of the employee. The employee is not a Trustee of the Charity. No employee received remuneration amounting to more than £60,000 in either year. |**11.2 Average head count in the year**
**The parts of the charity in which the**
**employees work**|**Charitable Activities**
**Total**|**This year**
**Last year**
**Number**
**Number**
1
1| |---|---|---| |||1 1| Page 9 of 17 ## **Section C Notes to the accounts (cont)** ## **Note 6 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ ## **This year:** ## **6.1 Analysis of grants paid (included in cost of charitable activities)** **----- Start of picture text -----**
Grants to
Analysis institutions Grants to individuals Support costs Total
£ £
Missionary work 20,598 7,330 - 27,928
Alleviation of hardship - 1,650 - 1,650
Specific donations 7,117 96 - 7,213
Total 27,715 9,076 - 36,791
**----- End of picture text -----**
## **6.2 Grants made to institutions** |**6.2 Grants made to institutions**|| |---|---| |Noddfa Evangelical Church
**_TOTAL GRANTS PAID_**
**Names of institution**
**Purpose**
UFM Worldwide
Missionary work
Kbwata Baptist Church
Cardiff Foodbank
Romanian Ministries
Evangelical Movement of Wales
Missionary work
Grace Baptist Mission
Missionary work
Kbwata Baptist Church
Missionary work
Specific donations
Specific donations
Missionary work
Specific donations
**_Total grants to institutions in reporting period_**
**_Other unanalysed grants_**|**Total amount of**
**grants paid £**
13,018
630
2,630
2,320
2,750
1,367
2,000
3,000| ||**27,715**| ||-
27,715| ## **Last year:** ## **13.3 Analysis of grants paid (included in cost of charitable activities)** |**Analysis**
Missionary work
Alleviation of hardship
Specific donations
**_Total_**|**Grants to**
**Grants to individuals**
**Support costs**
**Total**
**£**
**£**
18,917 12,865 -**31,782**
- 1,600 -**1,600**
6,488 791 -**7,279**| |---|---| ||**25,405 15,256 - 40,661**| ## **13.4 Grants made to institutions** |**13.4 Grants made to institutions**|| |---|---| |**_TOTAL GRANTS PAID_**
**_Total grants to institutions in reporting period_**
**_Other unanalysed grants_**
Grace Baptist Mission
Missionary work
Cardiff Foodbank
Specific donations
Romanian Ministries
Missionary work
Specific donations
Grace Bible Maui
Tearfund
Specific donations
**Purpose**
**Names of institution**
UFM Worldwide
Missionary work
Evangelical Movement of Wales
Missionary work
Kiwoko Hospital, Uganda
Missionary work|**Total amount of**
12,872
560
275
2,560
2,584
2,650
1,193
2,711| ||**25,405**| ||-
25,405| Page 10 of 17 ## **Section C Notes to the accounts (cont)** ## **Note 7 Tangible fixed assets** ## _**Please complete this note if the charity has any tangible fixed assets**_ ## **7.1 Cost or valuation** |At the beginning of the year
Additions
Disposals
At end of the year
****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
At end of the year
Net book value at the beginning of the year
Net book value at the end of the year
**7.2 Depreciation and impairments**
**7.3 Net book value**|**Freehold land &**
**buildings**
**Fixtures, fittings**
**and equipment**
**Total**
**£**
**£**
**£**
382,746
129,151
511,897
- 4,776 4,776
- - 400 - 400| |---|---| ||382,746 133,527 516,273| ||Straight Line
Straight Line

2%
5% to 25%
154,900 46,580 201,480
- - 400 - 400
7,655 9,893 17,548| ||162,555 56,073 218,628| ||| ||227,846 82,571 310,417
220,191 77,454 297,645| Page 11 of 17 ## **Section C Notes to the accounts (cont)** ## **Note 8 Debtors and prepayments** _**Please complete this note if the charity has any debtors or prepayments.**_ **8.1 Analysis of debtors Prepayments and accrued income Other debtors Total** **----- Start of picture text -----**
This year Last year
£ £
2,276 1,944
26,382 1,791
28,658 3,735
**----- End of picture text -----**
Page 12 of 17 **(cont)** **Notes to the accounts** ## **Section C** ## **Note 9 Investment assets** ## **9.1 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.** **Analysis of current asset investments** **Cash or cash equivalents** **Listed investments Investment properties Social investments Other investments** **Total** ## **9.2 Additional information** **Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.** **----- Start of picture text -----**
This year Last year
£ £
77,526 -
- -
- -
- -
- -
77,526 -
This year Last year
Cash and cash equivalents comprise of a Not applicable
notice deposit accounts with funds held at 95
days notice.
**----- End of picture text -----**
Page 13 of 17 ## **Section C Notes to the accounts (cont)** |**Note 10**
**Cash at bank and in hand**
**Other**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**|**This year**
**Last year**
**£**
**£**
25,537
-
-
-
36,931
132,199
-
-| |---|---| ||62,468
132,199| Page 14 of 17 ## **Section C** ## **Notes to the accounts** ## **Note 11 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **11.1 Analysis of creditors** **Accruals and deferred income Taxation and social security Other creditors** **----- Start of picture text -----**
Amounts falling due within
one year
This year Last year
£ £
434 2,189
468 313
2,645 208
Total 3,547 2,710
**----- End of picture text -----**
Page 15 of 17 **Section C** **(cont)** **Notes to the accounts** ## **Note 12 Other disclosures for debtors, creditors and other basic financial instruments** **12.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.** **----- Start of picture text -----**
This year Last year
Other debtors includes a balance Not applicable
of £24,636 in respect of monies
receivable in respect of an
insurance claim.
**----- End of picture text -----**
Page 16 of 17 ## **Section C Notes to the accounts (cont)** ## **Note 13 Charity funds** ## **13.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and UR - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE Purpose and Restrictions brought Gains and carried
R or UR *
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
General fund UR 0 104,970 139,525 - 85,485 - 121,679 - 37,331
Missionary fund UR 0 1,210 12,448 - 25,910 12,252 - -
Ministry fund UR - - - 60,000 - 60,000
Future projects fund UR 0 18,012 - - 3,083 45,000 - 59,929
Fixed asset fund UR 0 82,571 - - 9,892 4,427 - 77,106
Communion fund R 0 8,363 1,110 - 1,650 - - 7,823
Sunday School fund R 0 215 - - - - 215
Building fund R 0 26 15 - 41 - - -
Homeless outreach fund R 0 332 75 - 272 - - 135
Specific gifts fund R 0 96 4,155 - 4,231 - - 20
Property fund PE 0 227,846 - - 7,655 - - 220,191
Total Funds 443,641 157,328 - 138,219 - - 462,750
**----- End of picture text -----**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and UR - unrestricted funds**_ |General fund
UR
Missionary fund
UR
Future projects fund
UR
Fixed asset fund
UR
Communion fund
R
Sunday School fund
R
Building fund
R
Homeless outreach fund
R
Specific gifts fund
R
Property fund
PE
**_Other funds_**
**N/a**
**N/a**
**Purpose and Restrictions**
**Total Funds**
**Fund names**
**Type PE, EE**
**R or UR ***|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
67,835 112,143 - 47,955 - 27,053 - 104,970
1,025 13,180 - 24,079
11,084 - 1,210
28,333 - - 15,321
5,000 - 18,012
81,119 - - 9,517
10,969 - 82,571
7,823 2,140 - 1,600
- - 8,363
278 - - 63
- - 215
- 26 -
- - 26
312 373 - 353
- - 332
2,765 6,563 - 9,232
- - 96
235,501 - - 7,655
- - 227,846
- - - - - -| |---|---| ||424,991 134,425 - 115,775 - - 443,641
| Page 17 of 17