## **CASTLE STREET CONGREGATIONAL CHURCH TREDEGAR ANNUAL REPORT FOR THE YEAR 1 APRIL 2023 TO 31 MARCH 2024** ## **Governance** The Church is a registered charity, No: 1145597. It is affiliated to The Evangelical Fellowship of Congregational Churches (EFCC) and the Associating Evangelical Churches of Wales (AECW). Its constitution is based on that agreed by the EFCC and the Charity Commission. The Holding Trustee is the Evangelical Fellowship of Congregational Churches. Church Officers for the year 2023 – 2024 were: Pastor: Rev Moses Tutesigensi Deacon: Mr Paul Williams Secretary: Mrs Sarah Walsh Treasurer: Mr John Thomson At the close of the year the Church Officers were: Pastor: Rev Moses Tutesigensi Deacon: Mr Paul Williams Secretary: Mrs Sarah Walsh Treasurer: Mr John Thomson ## **Review of the Year's Activities** The Church had 14 members at the end of March 2024. Weekly Sunday services were held at 11am & 6pm. Weekly Bible Studies and Prayer meetings were held on Tuesday mornings and also Wednesday evenings. A weekly Toddler group was held on Wednesday afternoon and a monthly Coffee morning held on Wednesday mornings. We held our Christmas Carol service & Easter services upstairs in the Church and also an Easter Tea. We held a Missionary Evening and invited other Churches in our cluster group. A representative from Romanian Ministries, one of the charities that we support, came and updated us on their work. The church also actively supports the bi-monthly prayer meetings of the AECW 'Heads of the Valleys' cluster of churches. ## **The Church Building** All necessary maintenance was carried out to ensure that the building remains in good condition. No major works were undertaken during the year. ## **Financial Information** The full financial report and accounts have been submitted to the Charity Commission. These showed a net loss of expenditure over income of £ Current Assets including all reserves at 31 March 2024 were £ CASTLE STREET CONGREGATIONAL CHURCH ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Castle Street Congregational Church Contents Page Business Details Approval Accountants, Report Profit and Loss Account Balance Sheet Notes to the Accounts Castle Street Congregational Church Business Details For The Year Ended 31 March 2024 Trading 34 Mametz Grove Gilwern Abergavenny NP7 OFA Accountants J Gareth Morgan & Co 181 High Street Blackwood NP12 IAA Page I Castle Street Congregational Church Accounts Approval Statement For The Year Ended 31 March 2024 l approve these unaudited accounts which comprise a Profit and Loss Account, Balance Sheet and related notes. l acknowledge my responsibility for the accounts including the provision of all the information and explanations necessary for the completion. Signed Date Page 2 Castle Street Congregational Church Accountants. Report For The Year Ended 31 March 2024 In accordance with the engagement letter dated we have prepared the accounts, which comprise the Profit and Loss account, the Balance Sheet and the related notes, from the accounting records. information and explanations provided to us. This report is made to you in accordance with the terms of our engagement. Our work has been undertaken to enable us to prepare the accounts on your behalf and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than to you. the client. for our work or for this report. You have approved and acknowledged your responsibility ft)r these accounts. We have not been instructed to complete an audit of the accounts. For this reason. we have not verified the accuracy or completeness of the accounting records, information or explanations you have provided. Therefore we do not express any opinion on the accounts. Signed l Gareth Morgan & Co 181 High Street Blackwood NP12 IAA Page 3 Castle Street Congregational Church Profit and Loss Account For The Year Ended 31 March 2024 2024 2023 Turnover Sales Other Revenue 33.251 19,384 5,000 33,251 24,384 Cost of Sales Purchases 5.031 5,512 5.031 5,512 GROSS PROFIT 28.220 18,872 other Income Bank interest receivable 494 72 28.714 18,944 Expenditure Wages and salaries Employers pensions - defined contributions scheme Rates Light and heat Cleaning Cornputer software costs Computer and IT consumables Repairs, renewals and maintenance Insurance Accountancy fees Charitable donations Sundry expenses 27.123 1,535 292 4,864 li 25,076 909 257 3,406 218 319 4,392 3,375 970 444 2,947 1,645 670 {3) 42,882 35,569 (14,168) (16,625) Depreciation Depreciation 739 870 739 870 NET LOSS (14,907) (17,495) Page 4 Castle Street Congregational Church Balance Sheet As At 31 March 2024 2024 2023 Notes FIXED ASSETS Tangible A55ets CURRENT ASSETS 4.189 4,928 Cash at bank and in hand 36.849 51,091 CURRENT LIABILITIES Trade creditors {1) other Taxes and Social Security Accruals and deferred income 377 765 753 1,142 752 NET CURRENT ASSETS 35.707 50,339 TOTAL ASSETS LESS CURRENT LIABILITIES 39,896 55,267 LIABILITIES DUE A￿ER I YEAR Other Taxes and Social Security 464 464 NET ASSETS 39,896 54,803 CAPITAL ACCOUNT Balance at l April 2023 ProfiV(Loss) for the period/year 54,803 { 14,907) 72,298 (17,495) Balance Carried Forward 39,896 54,803 Page 5 Castle Street Congregational Church Notes to the Accounts For The Year Ended 31 March 2024 Accounting Policy These unaudited accounts have been completed in accordan￿ with UK Generally Accepted Accounting Practice guidelines and provides sufficient and relevant information to enable completion of a tax return. 2. Tangible Assets Fixtures & Fittings Computer Equipment Total Cost As at l April 2023 18,660 449 19,109 As at 31 March 2024 18,660 449 19,109 Depreciation As at l April 2023 Provided during the period 13,854 721 327 14,181 739 18 As at 31 March 2024 14,575 345 14,920 Net Book Value As at 31 March 2024 4,085 104 4,189 As at l April 2023 4,806 122 4,928 Page 6 ## Castle Street Congregational Church Accounts Report For The Year Ended 31 March 2024 In accord undertaken to enable us to prepare the accountsance with the engagement letter dated, we have prepared the accounts, which comprise the Profit and Loss account, the Balance Sheet and the related notes, from the accounting records, information and explanations provided to us. This report is made to you in accordance with the terms of our engagement. Our work has been undertaken to enable us to prepare the accounts on your behalf and for no other reason. To the fullest extrent permitted by law, we do not accept or assume responsibility to anyone other than you, the client, for our work or for this report. And audit of the accounts. For this reason You have approved and ackknowledged your responsibility for these accounts. We have not been instructed to complete an audit of the accounts. For this reason, we have not verified the accuracy or completeness of the accounting records, information or explanations you have provided. Therefore we do not expressany opinion on the accounts. Signed ……………………………………. J Gareth Morgan & Co 181 High Street Blackwood NP12 1AA