2023-12-31-accounts - Y Grwp (Grace Rural Wales Partnership)

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Y GRWP

______

REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023

_______

C Management Services 69 Velindre Road Whitchurch Cardiff CF14 2TF

Y GRWP

FOR THE YEAR ENDED 31[ST] DECEMBER 2023

CHARITY INFORMATION

Trustees:

Ian Parry David Samuel Davies John Stuart Poulson (until 7th December 2023) Carr Jonathan Stephen

Charitable position: Registered Charity number 1170827 Governing Document: CIO Foundation Constitution dated 19[th] December 2016

Address for correspondence: Mr Simon Bowkett

Y Grwp Nant Ganol Llandeilo SA19 7ED

Independent Examiner: Paul Burnell ACMI C Management Services 69 Velindre Road Whitchurch CARDIFF CF14 2TF Bankers: Barclays Bank Plc Business Deirect Leicestershire LE87 2BB

	CONTENTS
		Page
Charity Information		2
Trustees Report		3-5
Independent Examiners Report		6
Statement of Financial Activities		7
Statement of Assets and Liabilities		8
Notes to the Accounts		9-10

Y GRWP

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[ST] DECEMBER 2023

The Trustees have pleasure in submitting the Report and Accounts for the year to 31st December 2023.

Structure, Governance and Management

Nature of organisation

Y GRŴP (Grace Rural Wales Partnership) exists in order to see the planting of grass-roots Bible churches in modern rural Wales. Y GRŴP is committed to Biblical faithfulness, cultural sensitivity, and therefore to modelling and proclaiming the life-giving message of the Christian Scriptures through planting, sustaining and multiplying grass-roots micro churches in Welsh rural communities.

This work has been ongoing for a number of years through the ministry of Simon Bowkett (especially west/mid-Wales) but has more recently been formalised through the creation of Y GRŴP as a CIO and the gathering of a core of trustees with relevant experience and passion for the work to flourish.

Y GRŴP is particularly aware of the peculiarities of ministry in rural areas and the need to structure and plan outreach in such a fashion as to be effective in a non-urban, geographically dispersed mission field. To this end, many of the day to day activities are quite different in nature with many activities being centred around farms, farm life and micro church communities.

Appointment of Trustees

New Trustees will be appointed as and when the current Trustee Board recognise an opportunity to increase the skills and contacts available to the charity. The need for new trustees is a point of ongoing discussion at trustee meetings.

Income

The Charities income is wholly dependent on the gifts of individuals, churches and other Christian charities/trusts. One of the main responsibilities of the trustees is to ensure that funding is sought from a variety of sources to ensure that the cash flow of the charity remains effective.

Organisational Structure

The charity has a board of trustees and an executive director. It is largely the role of the executive director to carry out the work of the charity with the support, advice and encouragement of the Trustee Board.

Y GRWP

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[ST] DECEMBER 2023

Responsibilities of the Trustees

Charity law requires the Trustees to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year.

We are required to:

Select suitable accounting policies and apply them consistently
Make judgements and estimates that are reasonable and prudent
State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts
Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Our Aims and Objectives

The prevention or relief of poverty primarily but not exclusively in rural Wales (lying outside the cities of Bangor, Cardiff, Newport, St David’s and Swansea) by providing grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty
For the public benefit to promote the education (including social and physical training) of people of all ages in Wales in such ways as the charity trustees think fit
To advance the protestant evangelical faith to the benefit of the public in accordance with the statements of belief appearing in the schedule
To further such other purposes as are exclusively charitable under the laws of England and Wales as the trustees from time to time determine

Activities this last year

During the last financial year YGRWP has continued to explore novel solutions to the ongoing work of reaching a dispersed and isolated group of people living in rural mid-Wales for the Kingdom of God.

We continue to utilise many modes for engaging with otherwise unreached and unreachable people, ensuring a continued presence online, in local marts and through visitation of farms.

The trauma training and medical response has continued to be invaluable in making links within communities and providing our rural chaplain with new opportunities to engage with people and share the hope we have in Jesus.

Y GRWP

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[ST] DECEMBER 2023

Public Benefit requirement

In planning the activities the Trustees have applied the guidance issued by the Charity Commission on public benefit in December 2008.

Financial Review

For the period ending 31st December 2023 Income = £43,560 Expenditure = £34,467

Independent Examiner

Paul Burnell of CMS was appointed as the organisation’s independent examiner during the year.

This Report was approved by the Trustees on 14th August 2024 and is signed on their behalf by

David Samuel Davies

INDEPENDENT EXAMINERS REPORT

TO THE TRUSTEES OF

Y GRWP

I report on the accounts of the Trust for the year ended 31[st] December 2023, which are set out on pages 9 to 12.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Paul Burnell 14th August 2024

Paul Burnell ACMI

For and on behalf of:

C Management Services (trading name of C Mgmnt Services Ltd) 69 Velindre Road

Cardiff CF14 2TF

Y GRWP

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31[st] DECEMBER 2023

Note RECEIPTS Receipts from generated funds 2 Receipts from charitable activities 3 Other receipts 4 Interest received Total Receipts PAYMENTS Charitable activities 5 Governance costs Total payments Net Receipts/(Payments) Transfers between funds Fund balances at 1stJanuary 2023 Fund balances at 31st December 2023	Unrestricted Funds £ Restricted Funds £ Total Funds 2023 £ Total Funds 2022 £ 23,060 - 23,060 31,272 - - - - 20,500 - 20,500 -
	43,560 - 43,560 31,272
	34,451 16 34,467 36,815 - - - -
	34,451 - 34,467 36,815
	9,109 (16) 9,093 .(5,543) - - - 5,510 16 5,526 11,069
	14,619 - 14,619 5,526

The notes on pages 9-10 form part of these accounts.

Y GRWP

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31[ST] DECEMBER 2023

1. Fixed Assets

Insurance Value 2023 £ The value of assets owned are: Equipment 10,000 10,000 2. Bank & Cash Balances 2023 £ Investments Cash at bank and in hand 14,619 14,619 3. Other Assets and Liabilities 2023 £ Assets Gift aid tax recovery not yet received - Liabilities Unbilled fee for Independent Examination 170	Insurance Value 2022 £ 10,000 10,000 2022 £ 5,526 5,526 2022 £ - 150

The accounts were approved by the Trustees and signed on their behalf on 14th August 2024

David Samuel Davies

The notes on pages 9-10 form part of these accounts.

Y GRWP

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023

1. Accounting Policies

The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities

2. Voluntary receipts Gift Aid donations Other donations Tax recovered 3. Receipts from charitable activities Conferences and events 4. Other Receipts Grant received Other sundry receipts 5. Charitable activities a. Direct Charitable Costs Outreach costs Motor expenses Conference b. Support and Administration Administration expenses c. Grants	Unrestricted Funds £ Restricted Funds £ Total 2023 £ Total 2022 £ - - - - 23,060 - 23,060 31,272 - - - -
	23,060 - 23,060 31,272
	- - - - Unrestricted Funds £ Restricted Funds £ Total 2023 £ Total 2022 £ 20,500 - 20,500 - - - - -
	20,500 - 20,500 -
	Unrestricted Funds £ Restricted Funds £ Total 2023 £ Total 2022 £ 29,539 - 29,539 32,241 2,014 - - - 2,014 - 2,690
	31,553 - 31,553 34,931
	2,898 16 2,914 1,884
	2,898 16 2,914 1,884
	- - - -
	- - - -

6. Staff and Trustees

The charity has one full-time equivalent self-employed staff. Otherwise, its activities are generally carried out by volunteers. No staff received salaries at a rate of more than £60,000 per annum.

No remuneration or trustee expenses were paid to any trustee during the year, nor to any person connected to them.

7. Funds

The restricted funds represent amounts received for specific purposes and the movements in the year areas follows:

Ukraine	Opening Balance £ Receipts £ Payments £ Transfers in the year £ Closing balance £ 16 - 16 - -
	16 - 16 - -