PENYCAE NEIGHBOURHOOD Church of The Nazarene Registered Charity No. 1166548 Board of Trustees. Reportand Financial Statements for the Year Ended 30 September 2025 BELONG GROW SERVE PRAISE
Penycae Neighbourhood Church of The Nazarene Board of Trustses, Report and Financial Statements For the Year Ended 30 September 2025 Index Board of Trustees Report Pages 14 Independent Examiners Report Page 7 Financial Statements Pages 8-12
Pgnycae Neighbourhood Church of Tho Nazarene Report of the Board of Trustees for the Year Ended 30 September 2025 The Board of Trust present¥ its report and financial statements for the year ended 30 September 2025. Reference and Adminlstrnlive Inforn)ation Charty name: Chanty Registration Number: Penycae Neighbouthood Church of The Nazarene The Chanty (hereafter referred to as the church) has historically been an Excepted Charity, but due to changes in leg1statn registered as a Charitable Incorporated Organisation on 14 April 2016. The gistered Charity Number is 1166548. Stryt Issa Pen-yae Wrexham LL14 2PN Prinapal Address". Board of Trustses Rev Tracey Day {Chairperson} Mrs Yvonne Girvan INMI) Mr David Davies (Secretary) Mrs Barbara Richards {Appointsd 0110gr2023} {Reappointed 16103r2025) {Reappointed 18103r2025) {Reappointed 16103f2025) {Reappointed 1610312025) {AppJinted 16103r20251 Mr Shaun Evans (freasurer) Mrs June EardS The Chairperson is ex offiao by virtue of their office as Pastor of Penycae Neighbourhood Church ofThe Nazarene and the NYI, NMI and Children's Ministy representatives are also ex offiao by virtue of their office within the Church. CustodianlHolding Trustee Church of The Nazare British Isies South Disttrct (A Charitable Company Limited by Guarantee) acts as cu8todianlholding trustee in respect of all Freehold Propety owned by Penycae Nei9hbourh¢JJJ Churth of The Nazarene.
Penyeae Naighbourhood chUh of The Nazarene Report of the Board of Trustees for the Year Ended 30 September 2025 Principal Staff Rav Tracey Day app<Nnted Pastor otthe church on 1 September 2023. Websits Bank•r• HSBC 17-19 Regent Street Vknham LL11 1RN Independent Examlner Rev Joseph S Prescott- 16 i+Vhiffiald Square, Hunslet. Leeds, LS10 2QA
Penycae Neighbourhood Church of The Nazarene Report of the Board of Trustees for the Year Ended 30 September 2025 Structure, Govornance and management Structure and Organisation The charit8bEe (ganISaOn VMS set up on g May 1982 with excepted charitable status under a model trust deed dated 16 Febnjary 1953 and be(2me a Charitable Incorporated Organisation on 14 April 2018. Trustee Appointments The Pastor of the church is ex-offtK) the chairperson of the Board of Truslees and their position is reviewed tsvo years after appointment and then every four years after that. The remaning Tnjstees are appointa annual by the members of Penycae NeIghbOurt Church of The Nazarene at the annual general meeting hekl in February each year Governance and Wider Network The Board of Trustees meets regularty, rKffMaI on a monthly basis to consider the work and m8nagemenl ofthe churth and assess and plan the financial and other agpects of the work and direction of the tharity. The church is a member of the Church of The Nazane Brrtish Isles South DiStrt (a Ch8ritable Company Limited by Guarantee) who in tum is a member of The 1ntemakn.onal Church of The Nazarene Inc which has headquarters in Lenexa, Kansas. USA. The charity, and the wder network rt is a member of, are all govemed by the Manual oflhe International ChurGh of The Nazarene Inc which is subject to amendmenl on a quadrennk?I basis at the General Assembty of The Intemational Church of The Nazarene Inc. The last General Assembly look place in June 2023. The next General Assembty will take place in June 2027. Risk Management The risk managemerrt strategy of the church is in a cnntinual process of fomiulation in reswnse to the changing circumstances that could impact upon the work of the church. The Board of Trustees, in Gonsideting this im[tant ts5k. take direction from on-going discussion5 Wtth members trfjth internalty and through meetings wrth the Church of The Nazarene Brrtish Isles South District and other adviser8, adopting appropriale policies as required or as they become necessary to the ongoiro work ofthe church. Objectiv•• and Activities Charitable Ob'ect the ¢ha ional Church of Interna is the advancement of the Christian faith as part of the e Nazarene Inc. What- Educalion, training and recreation ho- Childrén, y(wng people. eldety ppIe. other deffined groups and the general public How - Provides buildings, f<iO8, serv. a(fvoGaGy, advice and infomiatK)n
PenyGae Neighbourhood Church of The Nazarene Report of the Board of Trustees for the Year Ended 30 S•ptember 2025 Objectives and Activities (continued) Publlc Beneflt The Trustees have had due regard to the Charity Commission guidance on publ benefit reporting in deciding vA)at *tvitres the chaiity should undertake. This report illustrates the actiVEt undertaken to sjpport the publ bet requirement. Review of the Year The aims for Ihe year included.. ctInUation of weekty Christian tshIP meetings and promotion of the ChristK8n failh in accordan wtth the prinGiples of the Chur¢h of The Nazarene. Work with children and young people to promote the Chri8tlan f8ith and provide local social benefft. Weekty meetings continued for the MO mature individuals in the Pertywarea. Continue to support Wrexham Outreach in their work with the homeless and providing evening meals on a rota basis {once to Iw1 a monthl Continuing to devew links ryth the hxal community, to enhance the involvement of the church with relevant bcal agencies on half ofthe local communty. Continue to partner with and make the church building available to relevant local agencies seeking lo benefrt the local communty, suth agenCS include but are not restricted to Wrexham County Borough Councll. T.C.C., earty years support activities and local communrty forums. Significant activitias during th• pèriod Énclud•: Weekly worship services conducted by PastorTrw Day with assistance and input from the pastoral and worship teams. Youth meetin9s {during tem timel for interaction in 8 8afe environment to enable them to grow and devekjp both spiritualty, socialty and individually. These meetings woukl usualty be monthly. Weekty Wednesd8y meetin9s {Dimensions}. Partnering with T.C.C. to expksre gxial inclusion activitses. Partnerin ommun with GNen to Shine to provide food and re package5 in the Ic1 The chanty continues lo run a monthty (x)mmunty café. Provision of the building as a kTh)tling station for the communty. Visitation of both rrEmbers and others in the kxal o)mmunity in times of need or by request. Availabilty for weddings and funerals arKI other services of $wJnificance. Pastor Tracey Day has undertaken funeral ser¥iLXS, trPti$M$ and dedications during the PeriJ.
Penycae Nelghbourhood Church of The Nazarene Report of the Board of Trustses for the Year Ended 30 September 2025 Achievements during the year include.. Continued spiritual friends of Penycae rowth and personal development for members, attenders and epJhbouthood Church of the Nazarene. We have continued wrth weekty SeICe$ to alknw rnemtrs to attend the setvices and fellowship with each other. Pastoral care work has continued, through visils, phone Galls and vKl¢o link up as appropnate to the situation. The charity receNed a T.C.C 30th Anniversary for our work with them and within our Ial communty. Continued development of th8 S(tkg1 and educational op wrth the local communrty through and wrth organisations rtunrties and interaction hat we partner with. Wrexham Borou h Council rovided through the communty benefft scheme replacement fftta kitchen an5central heating boiler. The charity supported Pastor Tracey to take an eyht week Sabbat1. The charity trustees reviewed pol[a to fijrther the a¢countabilty, ComplnCe and professionalism of the chartty in key areas. Volunteers The work planned. act[Vit undertaken and achievements attained would not have been possible without the active involvement and hard work ol all the members and friends of Ihe harity. The Board of Tmsiees is grateful for the work and supp)rt of all our volunteers in their work for Penycae Neight)ournood Church ofThe Nazarene. Financlal Revièw Reserves The chanty does not have a l1¢Y on reserves as the expendrture and work of the charty is reliant upon the on90ing support, Itlhes and offerings of the members and friends received at the weekty meetings. The Board of Trustees revEvts on a monthly basis the anlicipaled income and expenditure for the next two to three months in order to ensure the ongoing Wofk of the chafity. Financial Review of the Year The charty has ¢onlinued throughout the Fer)d to meet and tailor the exPend[tu it incurs to the income receNed through rent for use of the building and through the offerings and donalions received. The trustees encourage those that can, to pay direcl to the chanty by standing order while cash is counted by iwo trustees. The receipts and payment account shows that there was a net decrease in cash funds dunng the year of £901, the Icon of £5.500 to FI.ng Start was written off as the setting ckised due to lack of children attending. the mortgage repaid on the manse of £3,538, gave an overall decrease in funds of £2,447, as detsiled by the assets and Irabilities in the financial statements. £107,681 of the unrestriGted funds are sel asKle in designated funds ving £1.818 of general funds available as cash in hand and at the bank.
Penycae Neighbourhood Church of The Nazarene Report of the Board of Trustees for the Year Ended 30 September 2025 Plans for Future Porlods The trustees are planning to start a f(KKI panty to benefit those in need in the local area. The trustees are In consullalion regarding communty benefft grants to upgrade the central heating system and provide flring, hot water and ffixtur8s and ffttings for a communty focmj pantry lo be s8t up in the church buikling next year. The trustees are hoping to expand the tM)ard of trustees. We continue to plan forthe future through pray¢r, planning and slralegy meetings. hohyeyer in the end we accept that we rety on our Father God to enable. rage and guide us into the future that He has plann. Declaration The Trustees declare that they have approved the trustees. rert above on 10 Juty 2026. Signed on behalf Oftt charivs tTUStees. Rev T K Day Ichalrperson) Mr D Dav (Trustse)
Penycae Neighbourhood Church of The Nazarene Independent Examiners Report to the Trustees for thè Year Ended 30 Septombér 2025 As the charty Iruslees, you are responsible for the prepar"on of the accounts in accordance wtih the Chartties Act 2011 (Ihe Act'l. I report in respect of my examination of the Trusys accounts carried out under seGtion 145 ofthe 2011 Act and in carying out my exarnination, I have followed all the applicable directions given by the Chanty Commission under section 145(5llbl of the ACL Independent examinerfs statement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examinatton whtch gnies me cause to believo that in. sny material respert.. the accounting records were n¢X kepl in accor(jan wtth tion 130 ofthe ACL or the accounts dMI not 8ccord with the ac£ounting records" or the accounts did not comp with the appliGable requirements GonGeming the form and content of accounts set out in the ChartEs (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gwe a ue and fairf view whth is not a matter considered as part of an independent examlnatp. I have no cOnM$ and have come across no other matters in ConneCtn wrth Ihe examination lo which attention should be drawn in this reFQrt in order to enable a proper understanding of the account8 to be reached Rev. Joseph S Prescott Independent Examiner Date.. 13° July 2026
Penyca• Nolghljourhood Chur¢h olThè Nazarvn• Recelpts & Payments Account For the Year Ended 30 Septsmb¢r2025 Unmtricted Funds Unrestrlcted Fund$ Year Ended 30 Year Ended 30 Sèptsmbgr 2025 SeptÈmb¢r 2024 RKelpts Tithes & Ofvings Gift Aid Tax Re¥j Rents Received Gifts lo Church Event Income Other Income 21.539 5,915 5.841 817 411 2.301 520 19,W9 7,867 14,334 8,280 2,677 528 Interest Grant from BISD Church ofThe Nazarene 2 250 Expendithr• Pasto¢8 Salary & EnployS NIC Employefs NIC Pastor5 Pen510n Pastor & Tru8tee. Mileage & Travel EJp* Manse Utilthes, Counci5 Tax & Waler NYI Man¥e- Mortgage payments Church.Water R8ts5 and LpJht & Heal Church Intemet & Pho Events Expenses & Puicty Gleaning, PakEr Towels. Soap Repairs Websit8 & Licenses Ftying Start- Loan Church & Manse Insurance Gifts Paid Oth lo Individuals & Chanlies Grant to F'ng Start Kl1$Ik980uS District & NMI BYgets Bank Charges 13,2( 12.e(x) 655 1.919 5,151 4,461 530 1.240 5.165 6.941 3,741 2.282 673 3,23 423 5,5CIJ 1.839 1.193 5.781 1.572 1,605 154 759 128 40,7S3 52.509 Excess ExpendSture Over IFKome forthe Yr Balan¢e Brought Forward 7.016 Balance Carried Fon¥ard 8.115 7.016
Penycao Nolghbourhood Church of Th? Nazar•n• and Liabilllles a¥ at 30 Sepknber2025 2025 Cash at Bank & In Hand HSBC Bank AccKJunt Cash Balance Totsl 6.961 6.115 7,016 Freehold Investment Property 192 Ffofdd Uann¥ch Revaluation Résérve 117.945 lig451 117.945 {2.9451 DebtQfS Loan lo Penyeaè F.9 Start Total A88ets 121.115 127.516 Current Liabilities Long Tern) UabUItI88 Mortgage wrth Vemon BUbr4 Smty 11.616 15,570 Tota Lkgbilit5 11.616 15,570 1rts, 111.946 R•proB¢nte(S By: Unrestricted Fund• General Ftjnd Designated Funds 5&8 1.818 11.189 ICE Fund - Solar Panel FuThY - Mountain 8e Fun(J - Yj1 & Children FuTrJ - Captsl Fund - Revaluation ReseThe 5&6 5&8 5&6 5&6 5&6 5&6 611 611 216 102.375 1(.329 1(Q.499 111.046 The Church also cy•ms the (urch tMJikliThJs. filre5. ffttrr contents $ituatsd at styt Issa, Pen-y•, Wrexham. LL14 2PN. for which cnginal cost dits are not availabla. Th• K4ortgag8 wtth Vemon BLtildin9 Soryety is 8e0a on I propety, 192 Fftydd LknnneTch. P¢w-¢ae, Wrexham. LL14 2NG and has 2 1$ 6 month¥ to run. The l¢)an to Peftyeae Fr£ Start was wntten off a5 ts ¢witydc*ed due to lad( of chikIn numbers.
Penycae NeighbourlK)od Church of The Nazarene Notes to Accounts for the Year Ended 30 September 2026 Noto 1 Summary of Oth#r Ineom• 2024 Perycae F'ng start Loan repayment Brrbsh Gas R8fiJnd Ashton Church ol The NaZare- Deltvery of Fnthje Sundry 1.181 11fd 18 528 Total 2,301 528 Noto2 Mortgay vrtth Vernon Bulldlng 8ocl•ty 2024 BaL9ncÉ Brought Forward Interest Charged 15.570 1,197 19,108 1.827 16,767 5,151 RepaYftts made 20,735 5,765 Balan¢9 Canied Forwarf 11.616 15,570 Note 3 Summary of Repalr8 2025 Man8e propth repai & gas Safety cerbfic Church propety repalrs & eqUIpEnt RepaIrnent offvse board at church Shed for bins at churth Boxès for racking at church Collertton of free ffi.dge & trzfI0rn LJs Chur 1,829 141 205 Totsl 10
Penycae Neighbourhood Church of The Nazarene Notes to Accounts for the Period Ended 30 September 2024 Nots4 Miscellaneous TV Licer Zettle Card Reader Christian fte$ Maienals Pnntr'ng. Postage & Stationery Computer Coverplan TCC. CCPAS and Avow Mombership Fees Fees re wa9e5, Pensions & GtftA"d Pul1 cover Sundry Expenses 175 253 479 103 132 132 227 Total 1,572 Notè S Mo¥•ment In Fund$ Balonce Incoming Outgolng Balane• G8nwal Fund Solar Pan&[ Fund Mountsin Bike Guiding Fund Youth & Children ICE Fund Capital Fund Revaluation Rese 11,189 39,852 45.269 13.954} 1.818 3,000 216 611 I.975 (2.9451 611 106,329 12,9451 111.946 41872 319 109.499 11
Penycae Neighbourhood Church of The Nazarene Notès to Accounts for the Year Ended 30 September 2025 Note 6 Purpose of Funds General Fund This is unrestrfcted funds for use to achieve aims and objectives of the charrty. Solar Panel Fund This is an unreslticled fund designated to enter the monies received and expended forthe installation of solar panels on the s(xrth facing roof of the church. ICE Fund This fund is monw that has been raised or sel ¥hJe to cover unexpected expenses that may arise. Mountain Bik• Guiding FuvHI This is an unrestricted fund designated to enter the monies rLxei¥ed and expended on the Mountain Bike Guiding Program. Youth & Chlldrèn Fund This is an ntrIcted fund dwnated to enter the monies reiVed a1 expended on the youlh programs. Capital Fund This is an unrestrictad fund desi9nated to hold the freehold cost of the manse and enter the monies recewed and expended on the m(Ktgage on this fffthold. Revaluation Reser¥e The 50°A ofthe manse property purchased by the ¢huTch at 192 Ffordd Llanerch was revalued in line with the market value of the ftjrther 50°/o of the propety receNed from the Church of The Nazarene British Isles South DistTIGt and the loss all(YAled to Ihis reser¥e. Note 7 Tru$to¢ Rgmuneration & Expense8 During the year Tracey Day. the Pastor, was paMI remuneration of £13.200 (2024 £12.8001, and pension contributions of £660 (2024 £630). The Pastor and Trustees received £1,982 in reimbursed expenses durtng the year (2024 £708). Unrestricted donations {lithes & offerwus) from trustees Of£6.1 (2024 £2.610) were CeiVed during the year. Note 8 Related Party Transactions No trustee or other person related to the charity had any personal interest in any Gonlract or transaction entered into by the Gharty. including guaranlees, during the year. 12