_**Annual Report and Accounts For the year ended 31st March 2021**_
_**Registered Charity Number 1152643**_
_**The Evan Roberts Institute Annual Report and Accounts For the year ended 31st March 2021**_
## **Contents**
Trustees' Annual Report Statement of Financial Activities Balance Sheet Notes to the Accounts
_**The Evan Roberts Institute Trustees' Annual Report for the year ended 31st March 2021**_
|**Charity Name**|The Evan Roberts Institute|||
|---|---|---|---|
|**Charity Number**|1152643|||
|**Address**|North Coast Centre|||
||Gors Road|||
||Towyn|||
||Abergele|||
||LL22 9NR|||
|**Trustees**|Rev Darren Millar MS|President and Chair|Founding Trustee|
||Rev Timothy Rowlands|Vice President and Secretary|Founding Trustee|
||Russell George MS|Treasurer|Founding Trustee|
## **Governance and Management**
The Evan Roberts Institute is a Charitable Incorporated Organisation which is governed in accordance with the Institute's constitution dated 28th June 2013. The Institute's affairs are managed by its three founding trustees, all of whom are volunteers offering their skills, knowlege and experience to the Institute without charge.
## **Aims and Objectives**
The aims and objectives of the Institute are as follows:
- The advancement of Christianity in Wales for the benefit of the public through the preservation of sacred and spiritually significant sites.
- To educate the public in the subject of Welsh Christian heritage.
The Institute's motto _'Respice et Prospice'_ reflects its goal that in reminding and educating people of the rich Christian history of Wales, people will be inspired to look forward to experiencing and building the Christian heritage of the future.
## **Evan Roberts**
The great Welsh revivalist Evan Roberts, who was an instrument used by God in the last nationwide revival in Wales in 1904, was the inspiration for the establishment of the Institute which bears his name. His life and work had a remarkable and global impact which put Wales on the centre stage of Christianity and gave it a special place in the history of the Church worldwide.
## **Achievements and Future Plans**
The coronavirus pandemic continues to severely impact the activities of the Evan Roberts Institute and this is relflected in our financial statements for the year. The charity was unable to hold St David's Parliamentary Prayer Breakfast events in March 2021 due to the severe Covid-19 restrictions in place in Wales and this resulted in significantly lower levels of both income and expenditure.
The Trustees awarded a significant grant of £3,000 to Pugh Productions, an independent Christian film making company based in Caergwrle, North Wales. The grant was a contribution towards the costs of producing an indepth documentary charting the history of evangelical revival movements in Wales. The documentary, 'Welsh Awakenings', hopes to inspire and inform as it communicates the rich Christian heritage of the nation. The film is still in production and expects to be completed in 2022.
Engagement with theological colleges and universities continued during the year with the establishment of The Evan Roberts Institute Prize. This annual prize of £300 is available via the University of Wales Trinity Saint David to promote academic research into Wales' evangelical and revival heritage.
Pisgah Chapel, the reversionary freehold interest of which is owned by the Institute, received only a small number of visitors this year due to the pandemic. The Institute continues to seek opportunities to identify and acquire other Welsh Christian heritage at risk of being lost to future generations.
The Institute was unable to sponsor Welsh politicians to participate in international events during the year due to the pandemic. The trustees hope to recommence this important aspect of the Institute's work as soon as it is practical to do so given the current Covid-19 restrictions.
Uncertainty over the future of the coronavirus pandemic and restrictions on gatherings and travel are currently impacting on the Institute's future plans but we are currently proposing to hold St David's Parliamentary Prayer Breakfast events in March 2022.
## **Financial Performance and Reserves Policy**
The Institute covers the costs of its work through donations and the financial support of its trustees. It benefits from a very low cost base and as a consequence is not required to hold large sums in reserves to be financially resilient. Financial performance for the year ended 31st March 2021 reflected the impact of the coronavirus pandemic.
The trustees are grateful for the continued, prayerful and practical support of a growing network of friends and partners of the Institute around the world.
**Rev Darren Millar MS President and Chair The Evan Roberts Institute**
_18 January 2022_
## _**The Evan Roberts Institute**_
_**Statement of Financial Activities for the year ended 31st March 2021**_
|**Note**
**Income and endowments from:**
Donations
2
Charitable Activities
3
_Total incoming resources_
**Expenditure on:**
Raising Funds
Charitable Activities
5
Other
_Total resources expended_
Net income/(expenditure)
Transfers between funds
Net income/(expenditure) before other
recognised gains and losses
Losses on revaluation of fixed assets
_Net movement in funds_
Opening funds at 1st April
**Total funds at 31st March**|**Unrestricted**
**Funds**
**£**
500
0|**Restricted**
**Funds**
**£**
0
0|**Total**
**£**
500
0|**2020**
**£**
18,023
3,279|
|---|---|---|---|---|
||500
0
3,000
741
3,741
(3,241)
0
(3,241)
0
(3,241)
17,222
13,981|0
0
0
0
0
0
0
0
0
0
0
0|500
0
3,000
741
3,741
(3,241)
0
(3,241)
0
(3,241)
17,222
13,981|21,302|
|||||85
14,358
357|
|||||14,800|
|||||6,502
0|
|||||6,502
0|
|||||6,502
10,720|
|||||17,222|
## _**The Evan Roberts Institute**_
## _**Balance Sheet as at 31st March 2021**_
|**Note**
**Fixed Assets**
Heritage Assets
7
**Current Assets**
Debtors and Prepayments
8
Cash at Bank
**Current Liabilities**
Creditors payable within one year
9
_Net Current Assets_
_Total Assets less Current Liabilities_
Creditors payable after one year
**Total Net Assets**
**Charitable Funds**
Unrestricted
Restricted
10
**Total Charitable Funds**|**Unrestricted**
**Funds**
**£**
11,000|**Restricted**
**Funds**
**£**
0|**Total**
**£**
11,000|**2020**
**£**
11,000|
|---|---|---|---|---|
||325
2,656
2,981
0
2,981
13,981
0
**13,981**
13,981
0
**13,981**|0
0
0
0
0
0
0
**0**
0
0
**0**|325
2,656
2,981
0
2,981
13,981
0
**13,981**
13,981
0
**13,981**|1,385
5,137|
|||||6,522
300|
|||||6,222|
|||||17,222
0|
|||||**17,222**|
|||||17,222
0|
|||||**17,222**|
**Russell George MS Treasurer The Evan Roberts Institute**
_18 January 2022_
## _**The Evan Roberts Institute**_
_**Notes to the Statement of Financial Activities for the year ended 31st March 2021**_
## **1 Accounting Policies**
## a **Basis of Accounting**
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP FRS 102) issued by the Charity Commission, and applicable charity law in the England and Wales. The accruals basis of accounting has been adopted, and the principal accounting policies set out below are applied consistently.
## b **Fund Accounting**
Unrestricted funds are available for use at the discretion of the Institute in furtherance of its charitable objectives. Restricted funds are subjected to restrictions on their expenditure imposed by the donor, or contained in the terms of a grant.
## c **Incoming Resources**
All donations are included in the financial statements for the period in which they were received. All other income is recognised when the Institute becomes entitled to the resources; the trustees are confident that they will receive the resources; and the monetary value can be measured with sufficient reliability.
Most of the management and activity of the Institute is undertaken by volunteers, but the value of this is not included in the financial statements as this voluntary contribution to the work of the Institute is incalculable.
## d **Resources Expended and Liabilities**
Resources expended are recognised in the period to which they are incurred and include attributable taxes which cannot be recovered.
Liabilites are recognised as soon as there is a legal or constructive obligation committing the Institute to pay out resources.
## e **Fixed Assets**
Fixed assets are capitalised if they can be used for more than one year and cost £500 or more. They are valued at cost or valuation, less depreciation. A list of fixed assets is maintained in an Asset Register at the Institute's registered office.
Heritage assets may be acquired by agreement of the Trustees in accordance with the Institute's constitution and furtherance of its charitable objects. Access to such assets, including their management and preservation, is a matter for the Trustees and/or any such person(s) or organisation(s) designated as custodian(s) of the assets by the Trustees. Heritage assets may be disposed of by agreement of the Trustees provided that they consider such disposals to be in the interests of the Institute and in accordance with its charitable objects.
## 2 **Donations**
The Institute received a donations from a number of individuals during the year. None of these donations were restricted for use on particular activities.
## 3 **Income from Charitable Activities**
There was no income from charitable activities during the year due to Covid-19 restrictions.
## 4 **Gift Aid**
The Institute is registered with HM Revenue and Customs for claiming Gift Aid on eligible donations received.
## 5 **Expenditure on Charitable Activities**
A summary of expenditure on charitable activities in the year is as follows:
||**£**||
|---|---|---|
|Grants Awarded||3,000|
|**Balance as at the end of the year**||3,000|
## 6 **Grants Awarded**
A single grant of £3,000 was awarded to Pugh Productions during the year to support the costs of producing 'Welsh Awakenings' a documentary charting the history of Wales' evangelical revivals.
## 7 **Tangible Assets**
The Institute owns the freehold of Pisgah Chapel, Loughor. The property is an important heritage asset given its association with the revivalist Evan Roberts and the Welsh Revival of 1904-5. The Institute granted a 50 year lease on Pisgah Chapel to Cornerstone Community Church in 2015. No other tangible assets have been or are held by the Institute. Plans to revalue the asset have been postponed due to market instability during the coronavirus pandemic.
||**Heritage Assets**|
|---|---|
||**£**|
|Freehold Reversionary Interest - Pisgah Chapel, Loughour|11,000|
## 8 **Debtors and Prepayments**
Income due to the Institute as at the end of the year was as follows:
||**£**||
|---|---|---|
|Gift Aid||325|
|||325|
## 9 **Creditors payable within one year**
There were no creditors payable at the end of the year.
## 10 **Restricted Funds**
There was no restricted fund activity during the year.
## 11 **Trustee Expenses**
There were no payments made in the year to Trustees for out-of-pocket expenses.
## 12 **Fees for Examination or Audit of the Accounts**
Incoming rescources during the year were below the threshold requiring an independent examination of the Institute's financial statements.
## 13 **Related Party Transactions**
## a **Remuneration and Benefits**
None of the trustees have been paid any remuneration or received any other benefits from an employment with the Institute or a related entity during the year.
## b **Loans**
There were no loans to the Institute by trustees or related parties during the year.
## c **Other transactions**
There were no other transactions with the Institute's trustees or related parties.
_**The Evan Roberts Institute**_
_**Treasurer's Report for the year ended 31st March 2021**_
I certify that I have prepared the financial statements for the Evan Roberts Institute for the year ended 31st March 2021.
**Russell George MS Treasurer The Evan Roberts Institute**
_18 January 2022_