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|<br>anddetectionoffraudandoth|<br>erirregularities.|
|---|---|
|PrincipalOffice<br>Hope Chapel<br>HighStreet|Signedbyrorderofthe trustees<br>{t'--|
|Merthyr Tydfil|PaulGaskin|
|CF47 8UG|Chairman|





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||Note|Unrestricted<br>Fundst|RestrictedTotalFundsTotalFunds<br>Funds<br>2023<br>2022<br>€f,€|RestrictedTotalFundsTotalFunds<br>Funds<br>2023<br>2022<br>€f,€|RestrictedTotalFundsTotalFunds<br>Funds<br>2023<br>2022<br>€f,€|
|---|---|---|---|---|---|
|lncomefrom:<br>Voluntary income|2|117,908|3,585|121,493|211,775|
|Activities forgenerdingfunds<br>Grants|3<br>4|''o-to|-<br>81,281|1,080<br>E1,281|2,968<br>22,239|
|Other|||||3,906|
|Total income||||||
|Expenditure on:<br>Charitable actMties|5|127,0y|49JU|176,188|96,674|
|Totalexpenditurc||ffi||-re;6-r4'||
|Netincome(expenditurc)|7|(8,046)|35,712|27,666|144,214|
|Transfersbetweenfunds|12|||||
|Netmovementinfunds||(8,046)|35,712|27,666|'144,214|
|Totalfun&atstartofyear||205,1S5|(6,527)|198,638|54,424|
|Totalfundsatendofyear|12|||||





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## 

|||2023|2022|
|---|---|---|---|
||Note|f,|f,|
|Fixed assets||||
|Tangible assets|8|168,356|149,042|
|Curentaesets||||
|Debtors|I|1,593|1,951|
|Cashat bank||102,537|95,697|
|||104,130|97,648|
|Creditors: Amounb fallingdue||||
|withinoneyear|{0|(7,170)|(1,048)|
|Netcurrentassets||rc||
|Total assets less CurrentLiabilhis||265,316|-.6-0'0-<br>245,U2|
|Non-CurrentLiabilities||||
|Creditors amounts fallingdue afrermorethanone|,11|(39,012)|(47,004)|
|Netassets||||
|FUNDS<br>Restrictedfunds|12|-3tr<br>29,'185|-TSEE$-<br>(6,s27)|
|Designatedfunds|12|174,794|170,739|
|Unrestrictedfunds|12|22,325<br>@|34,427<br>.-TgEFr|





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|Voluntary income|||||
|---|---|---|---|---|
||Unrestricted<br>Funds<br>€|RestrictedTotalFundsTotal Funds<br>Funds<br>2023<br>2022<br>€Et|||
|General Donations&Offerings|,|rr,n:t|3,5E5|121,493|'106,853|
|Transfer fromHopeChurch Merthyr|||-|1A4,922|
|ChallengeValleys|||||
|Total2023|117,908|3,585|121,493 ffi||
|Total2022|211,775||211,775|131,866|





## 

## 

||Activities forGenerating lncome<br>Rentallncome|Unretricted<br>Funds<br>E<br>{,080|RetrictedTotal<br>Funds<br>gEi,<br>-|RetrictedTotal<br>Funds<br>gEi,<br>-|FundsTotal<br>2023<br>1,080|Funds<br>2022<br>2,968|
|---|---|---|---|---|---|---|
||Totat2023|||----7666--'G6-|||
||Total2O22|-;656-<br>2,968|||||
|4|Grants|Unrcstricted|Restricted|--9-6E-----].8-E-<br>Total Funds<br>Total Funds|||
|||Funds|Fundsf||2A23<br>€|m22<br>e|
||A465 Grant|||||1,435|
||ASDA<br>Screwfix||900<br>2,970||900<br>2,470|:'o|
||MerthyrValleys Homes<br>MTCBCFood PovertyGrant||:u'||:u'|5,390|
||MTCBC HouseholdPovertyEmergency Grant<br>MTCBCA^/AG||3,892||3,892|^:,|
||MTCBC-FosYFran||21,A10||21,814||
||MTCBC-Child DevelopmentFund||477||477||
||MTCBCCostoflivingsupport||4,618||4,618||
||FeedingBritain||1,254||'1,250||
||MagicLittleGrant||500||500||
||Arnold Clark Grant||2,500||2,500||
||WesternPowerGrant||2,575||2,575||
||CommunitylotteryGrant||26,000||,a,olo||
||Postcode lottery|||||500|
||VoluntaryActionMerthyrTydfil,||-|||6,838|
||VAMT-Winter Pressures Grant|||||3,134|
||VAMT-Lonelinessand lsolation Grant||1,810||1,810||
||VAMT-FoodProsperity||1,428||1,4:8||
||VSEF||||||
||WAGFood Poverty Grant|||||2,000|
||WelshChurchAction Grant||10,000||10,000||
||Total2023|-|81,281||81,281||
||Total2022||||22,239||





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## 

|CostofCharitableActivities|||||
|---|---|---|---|---|
||Wages&<br>Salariest|DirectTota! Funds<br>costs<br>2A2g<br>EE||Total Funds<br>2022<br>e|
|EupportofMissionaries&Organisations<br>ChurchMinistries<br>Operations&Administration<br>Premises&Maintenance|21,667<br>:|14,175<br>27,487<br>19,867<br>30,569|14,',175<br>49,154<br>19,867<br>30,569|11,214<br>3'1,713<br>11,463<br>7,159|
|Employmentcosts|62,423|-|62,423|35,125|
|Total2023|re'o-T.Zf|'96-._T76188--;674-|||
|Tolal2A22|||||
|Staffcostsand numberc|||||
|Wagesandsalaries||2023t<br>77,127|2022<br>c<br>ru':"||
|EmployerNIC||4,700|||
|Pensioncosts|re'rc<br>2,263||||



|No employeereceived ernolumente ofmorethan t60,0|00(2A22:nanel||
|---|---|---|
|Netincome/(expenditure)|||
|lssfafed affer charging:|2021<br>€|2022t|
|Independentexaminer's fee|150|100|





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||Tangible assets|||||
|---|---|---|---|---|---|
|||Freehold||||
|||Landand|Fixtures &||Total|
|||Buildings||Fittings||
||Cost|€||f,|E|
||At1April2022|149,042|||149,U2|
||Additions|||25,752|25,762|
||At31March 2023|-@wm||||
||Depreciation|||||
||At1April2022<br>Charge for theyear<br>At31March 2023||-reT,fts-<br>e,+ga<br>e,lsg|||
||Netbook value|||||
||At31l$arch2023|149,042||<br>19,314|168,356|
||At31March2022|149,U2||-|149,M2|
||Ilebtors|||||
|||||2023f|2022<br>c|
||Otherdebtors|||1,593|1,951|
||||re:_:E|||
|10|Crcditors:Amountsfallingduewithinoneyear|||||
|||||202?f|2022t|
||Bank Mortgage|||6,370||
||Other creditorsandaccruals|||800|1,U8|
|11|Creditors:Amountsfallingdueaftermorethanoneyear|||||
|||||202?f|2422f|
||Bank Mortgage|||39,012|47,CI44|





## 

## 

|12|Movement infunds|At||||At|
|---|---|---|---|---|---|---|
|||{Apr||||3lMar|
||Cunentyear|2022|lncome<br>et|Expenditure|Tmnsferst|2023|
||Restrictedfunds||||||
||A465 Grant|473||(473)|||
||ASDA||g0o|(500)||+oo|
||Screwfix||2,870|(2,870)|||
||MerthyrValleys Homes||651|(651)||0|
||MTCBCA^IAG||3,892|(3,e03)||(11)|
||MTCBC-FosYFran||21,810|||21,810|
||MTCBC-Child DevelopmentFund||477|(477)|||
||MTCBCCostoflivingsupport||4,618|(4,618)|||
||FeedingBritain||1,250|(1,250)|||
||MagicLiftleGrant||500|(500)|||
||Arnold Clark Grant||2,500|(2,500)|||
||WesternPowerGrant||2,575|(2,575)||:|
||CommunitylotteryGrant||26,000|(21,667')||4,333|
||VAMT - Loneliness and lsolation Grant||1,810|(1,810)|||
||VAMT-FoodProsperi$ Pantry Fund||1,428<br>3,585|(1,428)<br>(e32)||z,ais|
||WelshChurchAct Grant|(7,000)|10,000|(3,000)|||
|||(6,527)|||-|29,185|
||Unrestrictedfunds||||||
||Freereserves<br>Fixedassetfunds(designated)|u,427<br>149,042|114,203|(126,305)|-<br>25,752|22,325<br>174,794|
||Building Fund(Designated)|21,696|4,785|(72e)|(25,752)||
|||205,165|118,988|(127,034)||197,119|
||Totalfunds|_TgmE____-_20_A3.g--176-IEBI|||rc-||





## 

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## 

|Movement infunds||||||
|---|---|---|---|---|---|
||At||||At|
||1Apr||||3{Mar|
|Pioryear|2021|lncome<br>f,c|Expenditure|Transfers<br>L|2022|
|Restrictedfunds||||||
|A465 Grant||1,435|(e62)|||
|ASDA||900|(eoo)|||
|MerthyrValleys Homes|2,229||12,22Ol|||
|MTCBCFood PovertyGrant||5,390|(5,390)|||
|MTCBC HouseholdPovertyEmergency||2,042|(2,0421|||
|Postcode Lottery||500|(500)|||
|VAMT- Winter Pressures Grant||3,'|-34|(3,134)|||
|VoluntaryActionMerthyrTydfil|7T?|6,837|(7,564)|||
|WAG FoodPovertyGrant||2,000|(2,000)|||
|WelshChurchAct Grant|||(7,000)||(z,ooo)|
||2,9{I|wm--i6wi||||
|Unrestrictedfunds||||||
|Free reserves|33,252|215,178|(64,961)|(149,0/;2)|34,427|
|Fixedassetfunds(designated)||||149,042|149,042|
|BuildingFund (Designated)|18,225|3,471|||21,696|
||51,477|zra,oae---toa,gotl---ro-m'5-||||



## 



## 

|l3|Analysisofnet assets betweenfunds|||||
|---|---|---|---|---|---|
|||Tangible||Other|Total|
||Cunentyear|fixedassets|net|assets||
|||||e|e|
||Restrictedfunds|||29,185|29,185|
||Unrcstrictedfunds|||||
||Free reserves|||22,325|22,325|
||Designatedfunds|m-@ru<br>:::<br>149,042||25,752|174,794|
|||Tangible<br>fixedassets|<br>net|Other<br>assets|Total|
|||||f|f,|
||Pioryear|||||
||Restrictedfunds|||(6,527)|(6,527)|
||Unrestrictedfunds|||||
||Freereserves|||u,427|34,427|
||Designatedfunds|149,442||21,696|170,738|



## 

|Prioryearfundcomparativesforthe Sta|tementofFinancialActivities|||||
|---|---|---|---|---|---|
||Unrstricted<br>Funds|RestrictedTotalFundsTotal Funds<br>Funds<br>2022<br>2O2l||||
||t€tg|||||
|lncomefrom:||||||
|Voluntary income|211,775||211,775||131,866|
|Activitiesforgeneratingfunds|2,968||2,968||1,875|
|Grants||22,239|22,239||17,U8|
|Other|3,906||3,906|||
|Total income||--7$;EEg'-T5T365||||
|Expenditure on:||||||
|Charitable actMties|64,961|31,713|96,674||103,439|
|Total expenditure|-_F.61-_re_672.|||||
|Netincome(expenditure)|153,688|(e,475)|144,213||49,150|
|Transfersbetweenfunds||||||
|Netmovement infunds|-----ffi;666|(9,475)|144,213|||
|Totalfundsatstartof year<br>Totalfundsat end of year|-;T56"<br>2,947<br>54,424<br>51,477<br>r-----t6-PI--rees-[t'-6.;T80.|||||
||-dffi|||||