THE CALON LAN CENTRE-MYNYDDBACH CHAPEL TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 315t DECEMBER 2024 REGISTERED CHARITY NO- 1155784
THE CALON LAN CENTRE TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR YEAR ENDED 31, DECEMBER 2024 CONTENTS PAGE Ti'ustees and theii- Advisoi-s Tivslees Repoil Tiv.8tccs Declaration In(lependent Exaiiiinei's RLPC)I't RevLnue ALcount Net Assels SiatL'Iiient Notes to ih¢ FinanLial StaleinLnl
THE CALON LAN CENTRE TRUSTEES REPORT AND FINANCIAL STATEMENTS ri OR THE YEAR ENDF.D 31yI December 2024 TRUSTEES: Roy Chui'ch (Chair) Hann(Ih PiLkar(I BANKERS.. Bai"Llays Bank LLiL¢%lei' L.loyd% BLlnk Mori'i%t()ii Swaii%L'a SOLICITOR.. R. K. C.hui'Lh Mill Builclingis Pui-kinill Swaiisea SA3 2EH INDEPENDENT EXAMINER Mi.. G Th()Inas ViLtOl'iil Cyill-cILns Neath
THE CALON LAN CENTRE (incorporating Mynyddhach Chapel) TRUS"fEES REPORT FOR TIIE YEAR ENDED 31" December 2024 The Ti'ustees al'e pleased io pi'Lsenl iheii. annual i'epoil and financial slalemeni foi. the year ended 31 DeLeinber 2024. I. GENERAL INFORMATION The Calon Lan Centi'e Wds establi%liLd as a Cliai'itLible Tiust in .lanuaiy 2013. A Deed of Consliluli()n was adopiLcl c)n ihe I. of Nc)veinl)ci' 2013 and tlie Chui'ity was entcred onto the Chcll'ity Regyistei- on the 13 Febi'uai'y 2014 undei. nLiinbL'I' 1155784. The puipose of. the Cliai'ily is to pi'oinc)tL Ihe advanLcinent of rcligyion, education und SOCi¢il facililiLs at Mynyddb¢1Lh Cliapel SwansLa ancl t() eduLale, infoi'in and pi'eserv¢ ftoi. the benefit of th¥ publiL thL bLiilclingys, byrouncls an(1 gyi'avLy(Ii'd ai Mynyddb¢iLh Cliclpel, tc)gFetliei' wilh Ilie story behind thc l)yiiin Cdlon Laii wi'ittcn by D(IniLI JainL'4 (wl)o lived ti'oiii 1 è148-1920) (111 iiclliei'ent of" tlie CliiipLI <iIicI is bLII'iL'cI hLI'L in Iii.8 tainily T()Iiib. TIIL. Cal(In L¢in CL'Iiii'L will pi'e%ci've foi. f uturL gJLnLr<ltii)ns ihL' lii%lory ancl %t()I'y ol. iic)11-Lc)Iili)I'iiiis1 bLIiL'I s iii WalL.% aiid tlie Li)IiLept c)t" CALON LAN (pure lieart) tOgFeiliei' wilh il% pl<lLL" in wel41] Luliui'(Il idLiitity <incl IILI'ilclgYL'. ThL Cal(In Lati CL'nti'e wil I sL'Lk tc) ULliiLvL' tlie.4e aiiiis by en.sui'ing' tlial thL' Buil(lingJs ancl gyround,8 at MynyddbaLlI Ch<iP¢'I al'e 01)Ln loi. the bLncfil ol. IIIL Public. All Lo¥al and (IthL'r Visiti)1'8 to tIIL Sit¢ wil I bc inloi-liied ab()ui ilIL hi%loi'iL<il bl()I'y c)I' Cal()n Lan iin(l ilie lite ()I' its Lc)Iiipc)sLI' Daniel .l£liiiL%, al%(} knc)wii by 111% Bill'LliL naiiiL ol. CJywrosyd(l. TIIL. alin% (Incl activilies cil. the Ti'ust foll()w IIIL ()bjLLlivL% i)I' oui. Ic)under Ti'ustLL the RL"vL'I'Liid Gi'envillL fisher wlio sadly p(18sLd (Iwily in DLLL'inb¢r 2023. 2. FINANCIAL REVIEW AND REPORT Dui'inbi the Lui'i'ent yc'ai. the Cliai'ity contiiiued t() iiiakL' The Ccnli'L aviiil<iblL f()r use loi. I'el igFiOUS and ()Ilier pui'poses iL nd lia,% rL'cLivL"d Iiii'c inLoinL Ir()m usLI's. Dui'ing tlie yeai. tlie Cenli'e has U8¢(l its Lapilal L'iiclc)wiiiL'nt gJilts and c)IhLr inLome aiid donalioii% to Lontiiiuc wilh i'LPilil' works to tlIL Oi'gFan, CliapL"l Bui l(ling¥s, g?i-ouiid8, FIoLl%L, SLlinc)Ii-c)()In lind Gi'aveyarcl. Tlic iiivesliiient inLc)iiie and gyi tts I'LLeivL(I Iiavc bLLn all()Lc)ILcl io iiiiinecliatL" I'upaii's clui'ing tlic ycai. an(1 vai'ious ()tlici' capital iiiipi'ovLinLnls to thL' gyi'()un(Is. Dui'ing Ilie yeai. tlie CLniI'L' I'LLeivL'cI gYLnLI'ous supi)oi'l ol, £ l U()()i) ti'i)In the CJ<ll'field WL8li)n F()un(latioii lo IILlp willi the Losl ol" tui'ihei. woi'k and use of. the impoilant Orblan at the CliiipLI. Tlie HLF supi)oi'led Pi'ojeLt to set UP iin exhibition (Ibout the lite <in(I woi'k 0£. Daniel James I'einains on display on the Chapel SLliool room. Th¥ Pi'()jLLt involved Li'ealingy dibpl(iy panels in pailnersliip with Swan8u'a MuseLim ancl al%() ci'cating digyilal ciutputs of soiiie c)t' the woi'k ol" DaniLI James. Som¢ Events were held during) tlie ye(Il' iii Lonj unLtion witli l()L(Il Llioii's and oiliLI' groiips. ThL Ti'LlSt hds LonlinLied to instrLlCt Investec Wealili aiicl InvLStmcnt Ltd ( now merg7ed with Ratlib()nes CJI-OUI) PLC) Ic) Iiianag7c ihe ¢ndowiiiL'nl gyilis wliich are held by tlicin on a discrLtionai'y invLstniLni basis. Dui'iiig the yeai. soiiie funds were spent on pi-omoti()nal Events in the Chapel, Donations and collections were also i'eceived during the ycar to help the Centre continue its Chai-itable pury)oscs. The Chapcl was usecl by othei. coiiimunity gJI'oups and othei. LhurLhes (lui-ingy thc year including Lhoirs such as the Moi"rislon Oiyheus, Swansea PhilharmoniL, Swansea Bach Clioir, Villagle V()i¢es, other local Lhi)ii'.s aiid scliools. The Centi-e also ¢onlinuLd its colLaboi'ation with Libeiiy Church ot" Siloh Chapel aiid Tawe Valley Chui'ch c()ntinued with theii. i'egulai. Sunday services.
The.se finanLial stateinents have bcen pi'epai'ed in accoi'clance with the chqc I'ity's tiusi d¢Ld and in accoi'danLe wilh tliL aLLountiiig pc)licies ol. thL Chai'ities Act 201 l as ainended and the Financial RepoilingF Standai'(I fc)I' Sm¢11 ILI- Enlitics. 3. EXPENDITURE INCURRED The main opei'atingy Losts ol" the Cliai'ity ancl Cliai)el dui'ingJ tlie yL'ai' Iiave A'elated to the ot'gianising and adiniiiisti-ation (Il" Ineetingys, In<iintLn<lnLe and LILaningF ()t' the Cliapel Bui Idin&F.s, grouiids, gpi-aveyar(l.%, LOtldgyL' ancl %eeking fuiicliiigy soui'Leq loi. tutui'e p lans. Siibslanlial iiiii)r()vemL'nls have continucd io be InadL to ihe CJl'()uiicls with L()nliiiuingJ woi'k to ei'adicate JapanesL Knotweed ancl i'estoi'L ihe inain oldei. gii'aveydl-cl. ExpLllsL ha% also been inLui-i-ed in proinotiiigy the use ol" IIIL Chapel loi- the Local Coininiinity an(1 in conlinuingT Wlth tliL Lxhibilion about ihe life and wc)rk of Daiiiel .lame%. A gF(Ii'dening pi'ojecl was continiied with a local dcinenlia gyi'()up. Fui'iliei. I'cpaii. ancl i'esl()I'ation woi'k on the oi'gycin wei'e also unclertaken. 4. ACCUMLATIVE SURPLUS During tlie year tlie Clit]I'ity has i'L'Leived (I SUI'I)lu.4 of inLc)Inc over LxpenclitLlI'e in tlIL suin ot" £IC)64.31 { Last yL'<ll' surplus £1605.03}. 5. OBJECTIVES AND ACTIVITES FOR THE PUBLIC BFNEFIT The Tru.%tLes Lontii'iii iliat tliL'y Iiave i-Lfi'n'Ld t() the Cliai'ity Coiiinii%sii)n'% gFii j(IiinLe on public benetil wlicii I'LViLWi IIIL Ti-Iisl'.% aiins ancl ()l)jLLIIvL%. in i)l¢inn iiigi lului'e aLliviliL's, (Ind L'tting, p(Ilicy Icii- Ihc lutUl'L yeai.. TIIL CI)<ll-ily lic)S 111<l(IL iio %igFnilicaiii l)LnL'I icial P<iyiiients or donali()ns Io <inyone in il% I IiianLial yCc1r oiliei. tlian loLal cliai'ities and li<lS alsc) niaclL' ils laL il ities avail<lble l()I' %evei'al gyi'oups during the yeai. inLILicliiig IoLcil gyroups who have continuecl to iiiaiiilain a vL'giLlcible gFai'don in tlie gii'ouiicl% (It. tl)c Clicipcl HousL. ThL Cliai-ity's inission is to pi'e%LI've <ind inl¢i'pi'L'I tc) Ili¥ wi(l¢st PO%8iblL audiLnLL', tlIL history (Incl1ILI'itagie ol. Ciil()n Lan ciiicl Mynyclclbacli Cliapel aiid i() L'ni'iLlI thL' visiloi's exi)LrienLe witli dciiionsti'alions, lalks, evLnts aiicl iiiiiovativL eduLali()niil pi'ogJi'<iinmc's, Tlie Ti-IisleL.S I'L view th¥ aLtivitic's ol. the Cliai-ity Ic gy<1insl its alin% on lin c)iigi()iiigy bilSi% and al'e 8(Itisticd Ihiil all aLtivilics continue to bc i'elated tu ilILse gF()als. Soine lai'giei. evL'lits havc bL'Ln Iielcl by choirs usinby tlie Chapel <ind School ro(Iiii. As tlie Ti'ustees SLLk to lincl funding to hell) with lului'L' plans ihey contiiiuc to ¥onLenti'ate L"rroi'ts on I'epaii's to tlie Buildingys and gFI'ounds lo ensure beltei. aLcess ancl Id¢ilitlLS ai the sit¢ as a wliole foi. all visitoi-s. Rcgyuliir services in the Chapel have been restaried and the Cliai'ily L()iitlIlUL"s lo work with c)tlier Congyreg?alion8 in planningi l utui'e uses of tlie Chapel. lii addilion ihL' Chai-ity lias been woi'kinLF wilh Libei'iy Chui-Lh at Silc)h Cliapel SwanSLa on joint pi-oiiiolions and alsa laLilitatingy USL ol" Ihe biiildingrs by Tawe Valley Chui-Lh. There is inLreasing? use () I" tlie faLilitlLS by loLal gFI'OUPS aiid tutui-c inlei'est is inci-L'asing. 6. TAXATION The Chai'ity is excinpt froin taxation.
- AUDIT The Cliai'ity ha8 received income, grants and doncltions ot" £103,730.00 in its financial yeai., and has appointed an InclepLnilL'nt Exaiiiinei- ot" the ALLounts, Mi-. GarLih ThoIiiaq to exainine the accounts and rei)()rt to tlic Ti-ustees in dCCOI'd¢1llLL' Wlth the Geiiei'al Dii-CLlions gJiven by The Chai'ity Commi4.sion.
- EN UIRIES Fiirther inloi'ination icbout the Cliai'ity can be ()btaiiiL'cl fi-oin R K ChuiLh Solicitor at Mill BuildingFs, Pai-kiiiill, Swansea SA3 2EH. Si&yned loi- and on bL'liiil f. ot" thc TrLlStees .Api'il 2025 Roy CHURCH (Chaii.) TIIUSTEES DECLAIIATION Tlie aLL()unt set out on i)dgie% 5 & 6 loi. Ihe Iinanlial yeai. ending 31 DL'LLiiibei' 2023 and Ihe stalLinLnt (It" a$8L'ts uncl licibilitiLs ut th<lt (late set ()ut on p(IgyL 6 (li'e appi'oved by tliL Ti'u.%lees. Tlii% aLLc)unl tiiicl sliltL'IllLiiI IiavL bLL"n i)i'LI)(Ii'LcI iii aLLC)i-clancL with ihe pi'c)visi()ns ()I' Ihe Ch¢11'iliLS ALts 201 I cin(I IliL Cliai'iliLs SiatiiiiLnt ()I' ReioiiiiiiLncled PraLtiLe (SO RP), Iisinby the I'eLL'ipis anLI p(iyiii¢nl% basis. SigFned.. 2025 Roy CHURCH Trustee authori8ed to sigyn on bL'liiil I. ol, <1] l Ti'ustee.%.
THE CALON LAN CENTRE (inLoiporating Mynyddbach Chapel) TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENED 31¥1 December 2024 INDEPENDENT EXAMINEIIS REPORT The Charity's Ti'ustees considei. that an auclit is n()t rLqUlI'ed foi- thi.s yLai- undci. seLtion 144 01. IhL' Chai'ilies ALt 2011 {tlie Act), iind that an independent examination is needed. li is iny i'esponsibility to: ExaininL the accounts under seLtion 145 ot.the Act. To follow ihe pi'ocedures laid (lown in thL' Genei'al Dii-ectioiis gyiven by ihe Chat'ity Coinmis8ion (under beLtion 145(5)(b) of tlie ALt), aiiLI To %tate whether P<lrticulai' mattel's have coine to iny attcntic)n. My CXc1mination wa8 LaI'i'i¥(l ()Lil i n a¥L()I'(lance witli Ilie CILnLI'al Dii'LLlion% giveii by tlie Charily Coininissi(InL"i's. An Lxaiiiinilticin inLludLs u I'L'viLw ol. the ciccounlingy I'LL()i'ds kLpt by ihe Chiirily und a L()IT)pai'i.%()ii ol, thL' ¢lLLI)unts pi'e.4Lllte(I witli tlii)%L' I'LL()I'cls. It altso inLludcs considei-alion of any unu%Lial itLiiis i)I' (li%LIc)sui'Ls iii th¥ aLL()Liiils, aii(I sLekingy Lxpl<illdli()n fi'oin the TiubteL'S ¢onLLI'ningy SULII 11111tlei's. ThL i)I'c)LL'cliire% unclei'taken dc) n()t pi'c)vid¢ all the evidence that would be reqiiii'ed in ali audit, and LonsLquLntly n() opini()n is gyiven as to whciliLr tlie accounts pi'Lsent a 'ti'uL and laii view and ilie i-Lpoi't ib liiiiited io those mattel's set out in Ihc StatLineni bLIow. In c()nneclion with my Lxaininiltii)n, no matter lias coili¥ lo Iiiy attL'nli()n. l. whicli gFive% Inc I'eas()Iiablc c(iuse to bel ieve iliat in any In(ItLI'ial respect the I'CqLliI'einents lo keep aLcounli IlgF I'eLoi'ds in aLLOI'daiice witli SLLlinn 13U of thc Act; and to pi'epai'e acLounts whiLh aLLI)I'd witli tlie aL¢OUI)tingF I'LL()I'cIs to comply witl) the aLL()untingy i'Lquireinents ot"Ihe Act liave n()t been mel. or 2. to which, in Iny 01)inion, 11tlentic)n slioul(I be di'awn in oi'dei, lu L'niible d i)ropLr un(ILI'Stdndiiigi ol" the (ILcounls l() l)c i'LaLhL'CI. Signed..... Date... .2025. Gareth Thomas
THE CALON LAN CENTRE TRUSTEES REPORT AND FINANCIAL STATEMENTS REVENUE ACCOUNT 3151 DECEMBER 2024 Year to date 2024 Year to date 2023 Recei ts Notes Fees and hire inLoine GI'avL ai'cl l iLs Rc8ti'iLlecl Donation Uni'L8ti'iLILcl Dc)nation8 RLvL'niiL Gi-ants Investinenl IncoiiiL' iin(l interL'8t 15280.011 121111.()() 15(1.00 1500.(1(I I i)i)00.1111 75()0().00 16325.00 6(10.00 i o().00 1558.99 o.uo 84715.32 Total Income 10.329Y.11 cnditure Acliiii Iii%tration L'xpenses Pr() Lrt TLIL. li()ne <in(I IT )L'l an(1 Oi. Y(111 RL Cost c)I' Events Travcl L()sls Iii%ui'anLc EleLtric and Cias CJl-()uii(Is and Grave IC)179.10 23?4.6() 1465.33 42437..3() 156(13.00 5111).1)(I 16663.50 1(187.58 4383.5.3 30847.22 1320(1.1)I) 401).()O 1516.12 14016.19 4()00.14 3 080.1)11 I i 000,i)() ail's 7_3()().81 50(1(I.(I(I 3()1)O,00 1246.44 ai'd Re Pi'()lebsional fee Gr05s Ex eiiditure 101765.69 101694.28 Net Sur l iis/deficit for the ear 1964.31 1605.03
THE CALON LAN CENTRE TRUSTEES REPORT AND FINANCIAL STATEMENTS NET ASSET STATEMENT AND BALANCE SHEET FOR THE YEAR ENDED 3111 December 2024 Fixed Assets Notes Year to date 2024 Year to date 2023 Chil el biiildin 8 and Gi'ound8 A(l(l itions in Yc'ar and Oi. 22.3571.30 750().00 147045.00 8()4454.24 1272570.54 198030.00 25541.30 132U45.00 883415.61) 12.3903.19 IIivLsIIiiLnts Total Current Assets Bank ancl Ca8h DLbtoi's Si()Lk Total Curreiit and Coiitiii 6286.12 -370.00 240(1.1) I 9056.13 26145.()6 i).00 ?400.01 28545.()7 ent Liabilities CrLdil()rs.' Sh()11 TLI'in 1045.85 0.00 NLt Cui'i'ent LiabililiLs ()1(1,28 Cre(lit()I's Li)11 Tei'in ital Donalions l ()X7()8.(10 73()?5.52 8400.00 168768.00 73625.52 8400.00 HLF Cjl'aiit Tol(Il Lon ,_Teiin Lill bil ities 250811.52 --(250811,52 Total Assets Less Total lJial)ilities Financed B ALLuinulative Fund Sui lus/Loss Ac¢ouiil Revaluation Re%eivc 1127852.57 1964.31 100047.58 1126247,54 1605.03 111086.22 Approvcd by the Trustees on Roy CHURCH (Chair)
THE CALON LAN CENTRE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 315"f December 2024 ACCOUNTING POLICIES The FinanLial Stateinents have been pi'epared in accordanLe with the Cliai'ities Statement of Recoiiimended Pi'aLtiLe and ilie Charities (ALcounts ancl Reports) Regiulalions <ippliLable to chai'itics prepai'ingy tlieii- accounts in aLLordanLe witli the FinanLi(Il Reporting Standai'd toi- Sinal lei. Enlities. Tlie account lias beeli pi'cptii'L'd on a i'eLeipis ancl Piiyinent basi% and summarise the transaLtions ol, Ilic Chai'ity and the assets ancl shoi't tei'iii liabil iliL'% clt the yeiir end, I. RECElP'rs Tliese i'Lpresenl the gyi'os8 aiiiounls I'LceivLcl and acLI'ued fi'oin donations and c)thei' incoine. 2, GENERAL EXPENSES The%e relate to day to day gFLiILral Lo8t.s in acliniiii.8li <1tic)n of. tIIL CLnlrL. 3. CIIAPEL BUILDING AND ORCJAN REPAIRS This I'Ll<lt¥s Ic) L'xpL'nscs inLLiri'Lcl in tlIL' upkLep and In(iintenance of. Mynyddbach Chapul, the Oi'gFan, Cliapel I l()usL and CJl'ouncls. 4, FIXED ASSETS Tliese al'e valu¥d at aLquisitioii Losts plus any Lapilal impi'oveinL'nts and addilions to ilie gFI'ouncls and bui Iclingys. 5, INVESTMENTS The Ti'ust lias eng7ag?ed IiivesteL Wcalili and Inve8tiiiLnt Ltd (n()w part of RatlibonLs Cil'OUP PLC) Io Ill<ill<ig7e thL Lncl()wiiiLnt fund aiid thcy hLlVV (lisLretion to invest in .such stoLks. shai'L8, inveslinents. and altei'native assets as ihey see fit in aLL()i-dance willi a Inediuiii I'isk investiiicnl stratcgy. The objictivL is to increase tlie capital valuL ol" the lund whilst producingl a su.stainable and gii'owingy levcl ol" inLome with tlie potential Ic)r longyer teiiii growih of capital in I'eal tei'nis. Incoine ill'ising ti-oin the endowmcnt lun(l Lan be used in accoi-dance with the objLLlives of the Charity iind is inLludc(l as uni-esti'icted inLome. Any capital gyains oi. losses arisingy on the inveslmLnls form pait ol" the fuiid. The Tru%tees have thL poweL- to convert the fund inlo income. Iiivestel have been asked to i-cpoi-l on a I'Lgrulai' basis to tlie Tiuslees wlio will assess their pei'fc)I'iiiance agTainst othLI' benLhniark indices. 6. STOCKS This I'elates to the net cost of stocks of purchased items held at the year end foi. use in the Chapel.
- CAPITAL DONATIONS and GRANTS This i'epi'csents the balance of donations and gyi-ants i'eLeived fc)i- the puiyoses c)f ihe Chai'ity and for I'esloi'ing the ChapLI Buildingys, Cottagye, Oi'gian and Gi-ouiids and inLlude gyranls I'eceived ri'om tlie Swansed SDf Funcl, Tlie Austin BailLy Ti'ust, the Landlill Tax Schcine, Hei-itagii Lottei'y Fund, Welqh Govei"ninent CFAP, Welsh Cliui'ches Fund, Tlie moi.gyan Tiu%t, G(IL'tield Weston Foundation and privale donations, less any Grant% now wi'itlen c)I"r c)i- ti-ansten'Ld.
- RELATED PARTY DISCLOSURE Dui'ing the year the Chai-ity i-ecLive(I ILgFal and ddiiiinisti-ati()n 8eivice8 fi'om R K ChiirLlI Trustee actingJ in a pi-ot"L"ssional L(IP<lLity ancl as a Dii-eLt()I' (If" iiiaJiag?LinL'nt l it'iiis LngFagyed and expenses incui'i'Ld by any M inistei's wLre i-eiiiibui'.8ed a8 ai-iiis-IL'ngyili It'iin%aLlions,