THE EVAN ROBERTS INSTITUTE KESPICE ETPKOSPICE Annual Report andAccounts For theyear ended 31st March 2024 Registered Charity Number 1152643
The Evan Roberts Institute Annual Report and Accounts For theyear ended 31st March 2024 Contents Trustees, Annual Report Statement of Financial Activities Balance Sheet Notes to the Accounts Treasurer's Report
The Evan Roberts Insft"lule Triistees'Anniial Reportfor ¢heyear ended 31stMarch 2024 Charity Name The Evan Roberts Institute Charily Number 1152643 Address North Coast Centre Gors Road Towyn Aberxele LL22 9NR Trustees Rev'd Darren Millar MS Rev'd Timothy Rowlands Russell GeorRe MS Presideni and Chair Founding Trustee Vice President and SecTetary FoundiT]g Trustee Treasurer Founding Twstee Governance and l¥lanagement The Evan Roberts Institute is a Charitable Incorporated Organisation which is governed in accordance with the Instite,$ constitution dated 28th June 2013. The Instile,% 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 Objeetives The aims and objectipes of the Institute are as follows= The advancement of Chrislianity in Wales for the benefit of ihe public through the preservation of sacred and spiritually significant sites. To educaie Ihe public in ibe subjeci of Welsh Chrislian herige. The Institutc's n]olto 'Re.spice et Prospice, rcflccts its goal that in rcn]inding and cducating pcople of the rich Christian history of Wales, people ivill be inspired to look fotwaid to expciiencing and building the Christian heritage of the future. Evan Roberts The great Welsh revivalist Evan Robcrts, who was aD instrutnent uscd by God in the last nalionwidc Tevival in Wales in 1904, was the inspiration for the establishmcT]t of the Institute ivhich bears his name. His life and work had d remarkable and global impact w'hich put Wdles on the centre stsge of Christianity and gave it d special pldce in the history of the Churcb worldwide. Achievements and Future Plans Thc Evan Robcrts Institute has enjoyed another successful year promoting Welsh Christian hcritagc to people from Wales, the wider United Kingdom and aTound the WOTId. The Institute facilitated the delivery ofboih the Si David's Parliamenlary Prayer Breakfasl in the Welsh Parliament's Pierhead Building and an International Reception on ihe eve of the Breakfast in the Senedd. Both events took place in ihe -eek of St David's Day on the 6th and 7th of March. More than 20 nations were represented al the events and Welsh Government Ministers, and parliamenlarians, including the First Minister and ihe Llywydd were presenl. A Friends of ihe Institute Dinner was also held at the St David's Hotel in Cardiff Bay on the 6th March with more than 90 guests in attendance.
The keynote speaker at this yeavs Prayer Breakfast was fornier Archbishop of Canterbury, Dr Rowan Williams. The First Minister of Wales: The Rt Hon Mark Drakeford MS, was the guest of honour at the International Reception, where he was presented with a print of Sydney Curnow Vosper's painting 'Salern'. The National Library of Wales displaved items from their archives during the eTrents including historic Welsh Bibles, and a number of items were placed in their archives by the Institute. In addition to the St David's Parliamentary Prayer Breakfast events, the Institute also offered an extended progran]mc to thc Icadcrs of othcr Europcan praycr brcakfasts and othcr intcrnational gucsts. Eightccn pcoplc particpalcd in thc progran]tnc M'hich incliidcd visits to Colcg Trcfcca, thc hoinc and birtliplacc of Welsh evangelist Howel Harris. aT]d Hcreford Cathcdrnl. During these visits guests learnt about the dawn of Welsh rei'ival n]oi'en]ent5 and their leaders, and the historical relatiollships bettveen Christianity in Wales and England. Pisgah Chapel, the reversionary freehold inieresi of w'hich is owned by the Insiitule, continues lo receive many visitors each year. including from owerseas. The Insliwie continues lo be vigilanc for other opportunities to acquire Welsh Cllrisiian heriiage ai risk. The Chair represented the Institute al the Finnish, Nordic-Baltic. and European Prayer Breakfasts during the year, the latter of hICh was also attended by ihe Secretary. Both the Chair and the Treasurer also participaled in the Jerusalem Prajer Breakfast in June 2023. Each of these events afforded opportunities 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. A new link with Col¢g Trefeca was eslablished during the year. Planning for the 2025 St David's Parliamentary Prayer Breakfast events is underway. Financial Performance and Reserves Policy The Institute cover5 the Costs of its WOTk through donations and the financial support of its trustees. It bencfils frum a very low cost base and as a LonsequellLe is nut requiied tu hold large Su5 in reserves to be financially rcsilicnt. Financial perfom]ancc foi the ycar endcd 31 st March 2024 delivcicd a healthy surplus and puts the charity in a good position going for¥vard. The trustees are grateful for the continued. prayerful and practical support of a growing network offriends and partners of the Institute around the world. Rev'd Darren Millar MS President and Chair The Evan Roberts Institute 28 October 2024
The EwAn Roberts Jnstiiuie Stutémerti Finonti&lALYivitiesfor they 31.Vrh 2024 Unrestri¢ted Rtricted FuDd5 FUd5 Tot*1 2023 e and endowments fro Donations 9,46$ 5.103 9.500 18,965 5,103 24,068 Charitable Aciiviiies Toial incoming re5011rces 4.516 14.568 9,500 18.991 Raising Fulld5 Charitablc Aciivitics 53 5.885 243 9.500 15,385 243 18.563 473 Other Tolal resources exPeded 6.128 9.500 15.628 19.089 Net incom¢llexpenditurel 8.440 8,440 (981 TTan5fers between fund5 Nei incomellexpenditurel before other recognised gains and losses 8,440 1981 Losses on revaluation of fixed assets Net movement infvnds 8,440 (981 Opening fijnds at 1st April 14.874 14,874 14,972 Total funds at 31st March 23.314 ?3.314 14,874
The Evan Roberts Institute Balancesheetus 31si,Vrzrch 2024 Unrestricted Restricted Funds Funds Total 2023 FIX Herita¥e Assets 11.(N) I I,o(x) I i.o(M) Ikbiors and Prepayments Cash at Bank 10 212 212 1,850 2,325 4,175 I3.3 13,003 13215 13.215 Current Liabilities Creditors payable within otte year 901 3(H) Net Current A.Y.fet.% 12.314 12,314 3.875 TotalA5se15 less Currvni Lialpilil¥es 23.314 23,314 14.875 Creditors payable after one year Total Net A5set5 23J14 23J14 14.875 Unrestricted 23.314 23,3 14 14,875 Restricted 12 Total Charitable Funds 23J14 23J14 14,875 Russell George MS Treasurer The Evan Roberts Institute 28 Ociober 2024
The Evan Roberts Instilute Noles to ¢he Sta¢ement of FinancialAc¢ivitiesfor theyear ended 3151 March 2024 l Accountin Polieies a Basis of Accounting The financial statements have been prepared in accordance '1th the Stateynent of Recornmended Practice: Accounting and Rcporting by Charitics (SOIiP FRS 1021 issucd by the Charity Comn]ission, and applicable eharily law in the England and Walcs. Thc accruals basis of accounting has bccn adoptcd, and the principal accounting policies set out below aTe applied consistently. b Fund Accounting Unrestricted funds are available for use at the discretion of the Institute in furtherance of its charitable objectives. RestriLied funds are subjecied lo restriciions on their expendituie imposed by ihe donor, or contained in the terms of a grant. c Incoming Resources All donations are included in the financial slatements for the period in ii,hich they Th'ere receiiled. All other income is recognised ,hen the Institute becomes eniitled to Ihe resources- the trustees are confident that they will receive the resources. and ihe Monetary value can be measured '1th sufficient reliability. Most of the management and activity of the InStite 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 incalculdblc. d Resources Expended and Liabilities Re50uTces expended are recogni5ed in the period to which they are lllLud and include attributable taxes which cannot be recovered. Liabilites are recognised as soon as there is a legal or constructive obligation committing the Institute lo pay out resources. Fixed Assets Fixed assets are capilalised if ihey can be used for more than one year and cosi £500 or More. They are valued at cost or valualion. less depreciation. A list of fixed assets is maintained in an Asset Register at the Institute's registered office. HcTitagc a55Cts may bc acquired by agrcemcnt of the Trustccs in accoTdancc witb the Institute's constitution and furthcrancc of its chatiiable objects. Access to such asscls, including their managemcnt and preservation, is a matter for the Trustees anivor any such person(s) or organisation(s) designated as Lusiodian(s} ol the assets by Ihe Truslees. Heritage assets may be disposed olby agreeinenl 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 indii'idual donors and charitsble sources during the year. £7,000 ot these donations were eamarked by donors for use at the St David's Parliamenlary Prayer Evenls at ihe Welsh Parliament, and £2,5(K) for the annual Friends of the Inslitule Dinner.
3 Income from Charitable Activities The Institute held a dinner for friends of the eharity duTing the year. The event provided an opportunity for networking fcllow'5hip. SponsoTship and donations from guest5 Taised a total ineome of £6,003. In addition, a programme of heritage related i'isiis in South Wales and Hereford was organised for international supporters, donations iow'atds these raised a furtber £1,600. 4 Gift Aid The Institute is registered with HM Revenue and Customs for claiming Gift Aid on ellble donations received. 5 Elpenditurc on Charitable Activities A summary of eXpendltLe on charilable activities in the year is as follows.. St David's Parliamenlary Prayer Events Insiitule Dinner 8,312 4,295 1,710 HeTitage Progratnme Balance as at the end of the )'ear 14.317 6 Grants AiTrarded No grants were awarded during ihe year. 7 International PraTrer Breakfast5 The Institute sponsored the costs of iravel and participation for Rhys ab Owen MS to attend the United States National Prayer Breakfast in February 2024 in Washington DC. This provided the OppOrnity for a Welsh parliamenlarian to participate in the event and share about Wales, Christian heritage with other participants. The total cost was £1,068. 8 International Visitor Sponsorship No international visitors ivere sponsored to attend events in Wales this year. 9 Tangible Assets The Institute the freehold of Pisgah Chapel. Loughor. The property 15 an important heritage asset givcn its association with thc rci'iNalist Evan Robcrts and thc Wclsh Rcvival of 1904-5. Thc Lnstitutc granlcd a 50 ycai Icase on Pisgah Chapcl to Cornerstone Community Churcb in 2015. No other tangible asseis have been or are held by the Institute. HeritAge Assets Freehold Reversionary Interesl - Pisgah Chapel, Loughour 11,000 10 Debtor5 Ydnd Prepayments Income due to ihe Institute as at the end of ihe year was as follows: Donations Rcccivablc 213 213
I I Creditors payable within onc vcar There were £31)0 of costs in relation lo St David's Parliamenlary Prayer Breakfast events outstanding as at Ihe 31 st March. 12 Restricted Fund5 While there was no net movement of Restricted Fun(ts in the year, donations of £9,500 were receii'ed as contributions towards the costs of the St David's Parliamentary Prayer Events and the Friends of the Institute Dinner. These were allocated as folloivs- St David's Parliamentary Praver Events Friends of the El'an Roberts Institute Dinner Opening Balance Add Income 9.500 9.500 Less Expcnditurc Balance a5 at the end of the year I l Trustee Expense5 There were no payments made in the year to Trustees for oui-of-pocket expenses. 12 Fees for Examination or Audit of the Accounls Incoming rescources during the year were below the threshold requiring an independenl examination of the Institute's flnancial siatemenls. 13 Related Party Transactions 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. Other transactions The were no other transactions with the Institute's trustees or relat¢d parties.
The Evan Roberts Insft"¢ule Treasurer's Reportfor theyear ended 31st Mareh 2024 I certify that I have prepared the financial statements for the Evan Roberts Institule for the year ended 31 st March 2024. Russell George MS Treasurer The El'an Roberts Institute 28 Ociober 2024