CYMFED (A Company Limited by Guarantee) Registered Charity Commisslon Nurnber: 1158109 Registered Company Number: 7970334 UNAUDITED DIREcfoRS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
CYMFED (A Company Llmlted by Guarantee) Re8lstered number: 7970334 COMPANY INFORMATION Dlrectors Rev P J Smith Mrs S Satchell Drj O Trewby Ms E L Biggins MrA Clare Mr A Wdowlak Mrj Toryusen Ms Elizabeth Wakelin8 Ms Jesslca Wilkinson Company Secretary Mr P J P Devine Company number 7970334 Charlty number 1158109 Re8iStered offlce 39 Eccleston Square London SWIV IBX
CYMFED (A Company Llmlted by Guarantee) Re8iStered number: 7970334 CONTENTS Page Dlrertors, Report Statement of Flnanclal Actlvltles Statement of Flnanclal Posltlon Notes to the Flnanclal Statements *5 Statement of Cash Flows Detalled Proflt and Loss Account and Summarles
CYMFED (A Company Limlted by Guarantee) Registered number: 7970334 DIREcfoRS' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The directors present their report and the financial statements for the year ended 31 December 2024. Principal activities Per the Memorandum and Articles of Association, the objects of the company are to advance the Roman Catholic Religion by training people in Christian youth ministry and by supporting young people In Christian living fellowship and service. Directors The directors who served during the year were: Ms S Satchell Rev PJ Smith Dr J O Trewby Ms E L Biggins Mr A M Clare Mr A Wdowlak Mr J Toryusen Ms Elizabeth Wakeling Ms Jessica Wilkinson Ms S A A Motha (Reslgned October 23 2024) In preparing this report, the directors have taken advantage of the small companies, exemptions provided by section 415A of the Companies Act 2006. This report was approved by the board on July 1" 2025, and signed on its behalf. Rev P J Smith Director Page I
CYMFED (A Company Llmlted by Guarantee) Registered number: 7970334 STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Note TURNOVER 347,388 146,785 Charitable Expenditure 1108,8361 1175,396) Administratlve expenses 146,883) (43,889) OPERATING SURPLUS/(DEFICIT) Interest receivable and similar income 191,669 172,510) SURPLUS/(DEFICIT) ON ORDINARY AcfiviTIES BEFORE TAXATION Tax on Profit on ordinary activities 191,669 172,510) SURPLUS/(DEFICIT) FOR THE FINANCIAL PERIOD 191,669 72,510) The notes on pase 4-5 form part of these financial statements. Page 2
CYMFED (A Company Limited by Guarantee) Reglstered number: 7970334 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024 2024 2023 Note CURRENT ASSETS Cash at bank DEBTORS 330,252 10,448 340,700 114,061 1,861 115,922 CREDITORS: amounts falling due wlthln one year NEf CURRENT ASSETS NET ASSETS 134,204) (1,095) 306,496 306,496 114,826 114,826 CAPITAL AND RESERVES Profit and loss account 306,496 306.496 114,826 114,826 The directors conslder that the company is entitled to exemptlon from the requirement to have an audlt under the provisions of sectlon 477 of the Companies Act 20061.the Act") and members have not required the company to obtaln an audit for the year in question in accordance wlth sectlon 476 of the Act. The directors acknowledge their responsibllltles for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparin8 financial statements which give a true and fair view of the state of affairs of the company as at 31 December 2024 and of Its profit for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherw5se comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The flnancial statements have been prepared in accordance with the provisions applicable to small companies within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 20081. The financial statement5 were approved and authorised for i55ue by the board and were signed on its behalf on July 1st, 2025. Rev P J Smlth Dire The notes on pages 4-5 form part of these financial statements. Page 3
CYMFED (A Company Limlted by Guarantee) Registered number: 7970334 NOTES TO THE FINANCIAL STATEMEMfs FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES 1.1 Basis of preparatlon of flnanclal statements The Flnancial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). 1.2 Turnover Turnover comprlses revenue recognised by the company in respect of goods and service5 Supplied during the year, exclusive of Value Added Tax and trade discounts. 2. TURNOVER Turnover comprises membership fees, conference receipts and other receipts from the company's continuing operations are accounted for on an accruals basis. 3. OPERATING SURPLUSI(DEFICIT) Durin8 the year, no director received any emoluments {2023-£NILI 4. TAXATION 5. CREDITORS: Amounts falllng due wlthln one year 2024 2023 Other credltors 34,204 1,861 6. DEBTORS: Amount5 falllng due wlthin one year 2024 2023 Other debtors 10,448 1,095 7. COMPANY STATUS The company is a private company limited by guarantee and consequently does not have share capital. Page 4
CYMFED (A Company Llmlted by Guarantee) Registered number: 7970334 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 8. CHARITABLE TRUSTEES Ms S Satchell Rev PJ Smith Dr J O Trewby Ms E L Biggin5 Mr A M Clare Mr A Wdowiak Mr J Toryusen Ms E Wakeling Ms Jessica Wilkinson 9. RESERVES Proflt and loss account At l January 2024 Profit/lDeficit) for the financial year At 31 December 2024 114,826 191,669 306,496 Page 5
CYMFED (A Company Limited by Guarantee) Reglstered number: 7970334 STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED 31 DECEMBER 2024 2024 2023 Net Income / (Deficit) for the Year 191,669 (72,510) (Increase)/Decrease In Debtors (8,587) (1,498) Increase/{Decrease) in Creditors 33,109 (30,901) 216,191 (104,909) Net Cash at December 31" 2023, 114.061 218,970 Net Cash at December 31" 2024, 330,252 114,061 Page 6
CYMFED (A Company Limited by Guarantee) Reglstered number: 7970334 DETAILED TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Page TURNOVER Charitable Expenditure Administration expenses OPERATING SURPLUS/(DEFICIT) (DEFICIT)/SURPLUS FOR THE PERIOD 347,388 1108,836) 146,785 1175,3961 191669 191,669 72,510 Page 7
CYMFED (A Company Llmited by Guarantee) Registered number: 7970334 SCHEDULE TO THE DETAILED ACCOUNTS FOR THE PERIOD ENDED 31 DECEMBER 2024 2024 TURNOVER Flame Congress 2025 Membership Fee Faith in Action Conferences Grants Recelved (Restricted Funds) Donations received- Flame Donations received - Other 192,877 16,018 9,118 3,350 60,000 62,500 3,525 347,388 2024 CHARITABLE EXPENDITURE Flame Congre55 2025 CYMFed Conference Faith in Action Porticus (Grant spend) 86,062 7,075 6,790 108 836 2024 ADMINISTRATION EXPENSES Travel & Entertainlng Costs CYMFed Administratlon CYMFed General Expenses CYMFed Staff Costs Insurance Staff Training 2,112 340 1,243 41,888 976 324 46,883 Page 8