_**Annual Report and Accounts For the year ended 31st March 2023**_
_**Registered Charity Number 1152643**_
## _**The Evan Roberts Institute**_
_**Annual Report and Accounts For the year ended 31st March 2023**_
## **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 2023**_
|**Charity Name**|The Evan Roberts Institute|||
|---|---|---|---|
|**Charity Number**|1152643|||
|**Address**|North Coast Centre|||
||Gors Road|||
||Towyn|||
||Abergele|||
||LL22 9NR|||
|**Trustees**|Rev'd Darren Millar MS|President and Chair|Founding Trustee|
||Rev'd 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 Evan Roberts Institute has enjoyed another successful year promoting Welsh Christian heritage to people from Wales, the wider United Kingdom and around the world.
The Institute facilitated the delivery of both the St David's Parliamentary Prayer Breakfast in the Welsh Parliament's Pierhead Building and an International Reception on the eve of the Breakfast in the Senedd. Both events took place in the week of St David's Day on the 1st and 2nd of March. More than 20 nations were represented at the events and Welsh Government Ministers, parliamentarians and the Llywydd were present.
A Friends of the Institute Dinner was also held at the St David's Hotel in Cardiff on the St David's Day. More than 80 guests were in attendance.
The theme for this year's events was _'Pilgrimage'_ and the keynote speakers were Siân Rees, Head of the Bible Society in Wales, who spoke at the Breakfast, and Tatiana Gumenyuk, a Ukrainian refugee, who spoke at the International Reception. The National Library of Wales displayed items from their archives during the events including historic Welsh Bibles, a first edition copy of Bunyan's _'The Pigrim's Progress'_ in Welsh, and letters by _'The Welsh Lady from Canaan'_ , Margaret Jones.
In addition to the St David's Parliamentary Prayer Breakfast events, following the success of a similar event last year, the Institute also offered an extended programme to the leaders of other European prayer breakfasts and other international guests. Eighteen people particpated in the programme which included visits to the Bible College of Wales in Swansea, Pisgah Chapel in Loughor and Big Pit National Coal Museum in Blaenavon. During these visits guests learnt about Welsh awakenings and their leaders.
Pisgah Chapel, the reversionary freehold interest of which is owned by the Institute, continues to receive many visitors. The Institute continues to be vigilant for other opportunities to acquire Welsh Christian heritage at risk.
The Chair represented the Institute at the Finnish and Austrian National Prayer Breakfasts during the year. Both the Chair and the Treasurer participated in the inaugural Nordic-Baltic and Prayer Breakfast in November 2022, and the Chair and the Secretary participated in the European Prayer Breakfast in December 2022. Each of these events provided an opportunity to promote awareness of Wales and its Christian heritage.
Links with theological colleges and universities remain strong with relationships with both the Bible College of Wales and the University of Wales Trinity Saint David continuing to prosper.
Plans to hold St David's Parliamentary Prayer Breakfast events in March 2024 are underway.
## **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 2023 puts the Institute in a good position for the future.
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'd Darren Millar MS**
**President and Chair The Evan Roberts Institute**
_31st October 2023_
## _**The Evan Roberts Institute**_
_**Statement of Financial Activities for the year ended 31st March 2023**_
|**Note**
**Income and endowments from:**
**Expenditure on:**
**Total funds at 31st March**
Donations
2
Charitable Activities
3
Raising Funds
Charitable Activities
5-8
Other
Net income/(expenditure)
Transfers between funds
Net income/(expenditure) before other
recognised gains and losses
Losses on revaluation of fixed assets
Opening funds at 1st April
_Total incoming resources_
_Total resources expended_
_Net movement in funds_|**Unrestricted**
**Funds**
**£**
5,225
4,516|**Restricted**
**Funds**
**£**
9,250
0|**Total**
**£**
14,475
4,516|**2022**
**£**
9,873
4,467|
|---|---|---|---|---|
||9,741
53
9,313
473
9,839
(98)
0
(98)
0
(98)
14,972
14,874|9,250
0
9,250
0
9,250
0
0
0
0
0
0
0|18,991
53
18,563
473
19,089
(98)
0
(98)
0
(98)
14,972
14,874|14,340|
|||||0
13,124
225|
|||||13,349|
|||||991
0|
|||||991
0|
|||||991
13,981|
|||||14,972|
## _**The Evan Roberts Institute**_
_**Balance Sheet as at 31st March 2023**_
|**Note**
**Fixed Assets**
**Current Assets**
**Current Liabilities**
**Total Net Assets**
**Charitable Funds**
**Total Charitable Funds**
Heritage Assets
9
Debtors and Prepayments
10
Cash at Bank
Creditors payable within one year
11
Creditors payable after one year
Unrestricted
Restricted
12
_Net Current Assets_
_Total Assets less Current Liabilities_|**Unrestricted**
**Funds**
**£**
11,000|**Restricted**
**Funds**
**£**
0|**Total**
**£**
11,000|**2021**
**£**
11,000|
|---|---|---|---|---|
||**14,875**
**14,875**
1,850
2,325
4,175
300
3,875
14,875
0
14,875
0|**0**
**0**
0
0
0
0
0
0
0
0
0|**14,875**
**14,875**
1,850
2,325
4,175
300
3,875
14,875
0
14,875
0|3,078
2,840|
|||||5,918
1,946|
|||||3,972|
|||||14,972
0|
|||||**14,972**|
|||||14,972
0|
|||||**14,972**|
**Russell George MS Treasurer The Evan Roberts Institute**
31st October 2023
## _**The Evan Roberts Institute**_
## _**Notes to the Statement of Financial Activities for the year ended 31st March 2023**_
## **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 donations from various individual donors and charitable sources during the year. £9,250 of these donations were earmarked by donors for use at the St David's Parliamentary Prayer Events at the Welsh Parliament.
## 3 **Income from Charitable Activities**
The Institute held a dinner for friends of the charity during the year. The event provided an opportunity for networking and fellowship. Sponsorship and donations from guests raised a total income of £3,536. In addition, a programme of heritage related visits in South Wales was organised for international supporters, donations towards these raised a further £980.
## 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:
## **£**
|St David's Parliamentary Prayer Events|10,008|
|---|---|
|Institute Dinner|4,086|
|Heritage Programme|2,002|
|**Balance as at the end of the year**|16,096|
## 6 **Grants Awarded**
No grants were awarded during the year.
## 7 **International Prayer Breakfasts**
Both the Chair and Secretary of the Institute attended the European Prayer Breakfast in Brussels in December 2022. The Chair was a speaker at the event and used the opportunity to promote Welsh Christian heritage by share the story of the 1904 Awakening in Wales and the history of Pisgah Chapel. The Institute made a contribution of £529 towards the costs of participation in the event.
## 8 **International Visitor Sponsorship**
The Institute made contributions towards the costs of two international visitors to attend and participate in both the St David's Parliamentary Prayer Events at the Welsh Parliament and the Heritage Programme. The total cost of the sponsorship provided, including flights and accommodation, was as follows:
||**£**||
|---|---|---|
|T Gumenyuk (Ukraine)||670|
|R Hanania (Palestine)||1,269|
|||1,939|
## 9 **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.
## **Heritage Assets £** Freehold Reversionary Interest - Pisgah Chapel, Loughour 11,000
## 10 **Debtors and Prepayments**
Income due to the Institute as at the end of the year was as follows:
||**£**||
|---|---|---|
|Donations Receivable||1,850|
|||1,850|
## 11 **Creditors payable within one year**
There were £300 of costs in relation to St David's Parliamentary Prayer Breakfast events outstanding as at the 31st March.
## 12 **Restricted Funds**
While there was no net movement of Restricted Funds in the year, donations of £9,250 were received as contributions towards the costs of the St David's Parliamentary Prayer Events at the Welsh Parliament. These were allocated as follows:
|||**St David's**|
|---|---|---|
|||**Parliamentary**|
|||**Prayer Events**|
|||**£**|
||Opening Balance|0|
|**Add**|Income|9,250|
|**Less**|Expenditure|9,250|
||**Balance as at the end of the year**|0|
## 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 2023**_
I certify that I have prepared the financial statements for the Evan Roberts Institute for the year ended 31st March 2023.
**Russell George MS Treasurer The Evan Roberts Institute**
_4 November 2023_