OpenCharities

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

2024-03-31-accounts

PrincipalOffice Signedby order ofthe trustees
HopeChapel l/
HighStreet I
Merthyr Tydfil Pauf Gaskin
CF478UG Chairman

16th December 2024

Unrestricted RestrictedTotalFundsTotalFunds RestrictedTotalFundsTotalFunds RestrictedTotalFundsTotalFunds
Note Funds
¤
Funds
¤rg
2024 2023
lncome from:
Voluntaryincome 2 120,129 29,899 150,028,, 121,493
Activities forgenerating funds 3 3':40 _ 9,940' 1,080
Grants 4 54,724 54,724 81,281
Total income 124,069 84,623 208,692 203,854
Expenditureon:
Charitable activities 5 153,212 84,647 237,859 176,188
Totalexpenditrre 153,212
84,647
237,859 176,188
Netincome/(expenditure) 7 (29,143) (24) (29,167) 27,666
Transferc betweenfunds 12
Netmovementinfunds (29,1431 (241 (29,167]- 27,666
Totalfundsatstartofyear 197,119 29,185 226,304 198,638
Totalfundsat end ofyear 12 167,976
29,161
197,137 226,304

2024 2A23
Note f, ¤
Fixedassets
Tangible assets 8 161,918 168,356
Gurrentassete
Debtors I 3,548 1,593
Cashatbank 74,589 10?,531
78,137 104,130
Creditors:Amountsfalllngdue
wifiinoneyear 10 (8,004) sl,17o)
Neteurrentasseb 70,133 96,960
Totalassets lessCurrentLiabilitis 232,051 265,316
Non¤urrent Liabilities
Creditors amountsfalling due aftermorethant 11 (34,914) (39,012)
Netasseb 197,137
FUNDS -?29304-
Restrictedfunds 12 29,161 29,185
Designatedfunds 12 161,918 174,794
Unrcstrictedfunds 12 6,058 22,325
197,131 226304

Voluntary income

General Donations&Offerings
Unrestsicted
Funds
f,
120,129
ResfictedTotalFundsTotalFunds
Funds.
2024
2023
fft
29,899
150,028121,493
Total2024
Total 2023 117 121.493 211 775

ActivitiesforGenerating lncome
Unrestricbd Resbicted Total Funds Total Funds
FundsI Funds 2024
s
2023
E
Rentallncome 3,940 3,940 1,090
Tots,l2A24 3.940
-
3,940 1,080
Total 2023 1,090
-
1,080 2,968
4 Grants
Unreskicted Resficted Total Funds Total Funds
Funds Fundst 2024f 202?f
LocalGMngGrant 500 500
ASDA 500 500 900
Screwfx 2,874
MerthyrValleysHomes 1,304 1,304 651
MTCBC^^IAG 3,992
MTCBC-FosYFran : . 21,8',10
MTCBC-ChildDevelopment
Fund 477
MTCBCCostoflivingsupport 4,618
FeedingBritain
Magic Little Grant
''ttoo ''too 1,250
500
AmoldClark Grant 2,500
WestemPower Grant 2,575
Community lotteryGrant
CommunityFoundationWales
26,000
3,504
26,000
3,504
"'o:oo
NationalGrid 4,744 4,744
FoodPartnershipsGrant 9,793 9,793
WarmWelcome Grant 1,000 1,000
VAMT -Lonelinessandlsolation Gmnt 579 . 579 1,810
VAMT - Food Prosperity 1,428
WAGFoodPovertyGnant 5,000 5,0_00
Welsh ChurchActionGrant 10,000
Total2024 54,724 54,724 81,281
Total2023 81,281 81,281 22,239

5 Cost ofCharitableActivities Wages&
Salaries
DirectTotalFundsTotalFunds
costs
2024
2023
tt
DirectTotalFundsTotalFunds
costs
2024
2023
tt
DirectTotalFundsTotalFunds
costs
2024
2023
tt
Support ofMissionades &Organisations
Church Ministries
Operations &Ad ministration
Premises&Maintenance
Employment costs
-
30,802
-
-
82,857
33,322
44,234
13,265
32,A84
1,295
33,322
75,036
13,265
32,084
84,152

14,175
49,154

19,867

30,569

62,423
Tolal2024 113,659 124,20A 237,859 170,1q8
Total 2023 84.090 92,098 176,188 96,674
6 Staffcostsand numberc
Wages andsalaries
EmployerNIC
Pensioncosts
2024
f,a
1A7,582
3,037
3,041
2023
77,127
4,740
2,263
113,659 84,090
Issfated after charging:
Netincome/(expenditure)
2024
88
2023
lndependentexamineCsfee 150 150

8 Tangible assets
Freehold
Landand Fixtures& Total
Cost
At1April2023
Buildings

149,042
Fittings

25,752
f
174,794
Additions
At31March2024 149.042
25,752
174,794
Depreciation
At1April2023 6,438 6,438
Chargefortheyear 6,438 6,438
At 31March2024 12,876 12,876
Netbookvalue
At3lMarch 2024 149,A42 12,876 161,918
At 31March2023 149.042 19,314 168,356
9 Debtors
2024t 2023t
Other debtors 3,548 1,593
3,548 1,593
{0 Creditors:Amountsfallingduewithinoneyear
2424 2023
f, ¤
BankMoftgage 6,370 6,370
Othercreditorsandaccruals 1,634 800
8.004 7J'7A
11 Greditors: Amountsfallingdueafurmore tftan oneyear
2024I 2023f
BankMortgage 34,914 39,012
34,914
39,012

12 Movement infunds At At
1Apr 31Mar
Cunentyear 2023 lncomeExpenditure
Ef,
TransfErst 2024
Res0icted funds
ASDA 400 s00 (500) 400
MefihyrValleysHomes 0 1344 (1,304) 0
MTCBCM/AG
MTCBC-FosYFran
(11)
21,810
(21,810) l'r
Local GMng Grant 500 (500)
CommuityFoundationWales 3,504 (2,07e) 1,425
FeedingBritain 1,800 (1,800)
Food PovedyGnant 5,000 (5,000)
NationalGrid - 4,744 (4,744) (0)
FoodPartnershipGnant 9,793 (4,s38) 5,255
Community lotteryGrant 4,333 26,000 (28,723) 1,610
VAMT -Lonelinessandlsolation Grant 579 (57e)
WarmWelcome Grant : 1,000 (26e) 731
Pantry Fund
RoofFundraising
2,653 3,585
25,241
(6,2s8)
(6,360)
tg,a8t
Outfor a Hour 1,073 (203) 870
29,185 84,623 (84,6471
-
29,161
Unrestrictedfunds
Free reserves
Fixed assetfunds (designated)
22,325
174,794
124,069 (153,212) 12,876
(12,876)

6,058
161,918
197,119 124,069 (153,212|
-
167,976
Totalfunds 226,304 208,692 (237,859) 197,137

|'|.2|Movement in funds|At||||At| |---|---|---|---|---|---|---| |||'t Apr||||3{Mar| ||Prioryear|2922|lncomet|Expendituret|Transferst|2023| ||Restricted funds|||||| ||A465Grant|473||(473t||| ||ASDA||900|(500)||400| ||Screwfix||2,870|(2,870)||| ||MerthyrValleysHomes||651|(651)||0| ||MTCBCAruAG||3,892|(3,903)||(11)| ||MTCBC-FosYFran||21,810|||21,810| ||MTCBC -Child Development Fund||477|(4771||| ||MTCBCCostoflivingsupport
FeedingBritain||4,618
1,250|(4,618)
(,25A)||| ||Magic Little Grant||500|(500)||| ||AmoldClark Grant||2,500|(2,500)||:| ||WestemPowerGrant||2,575|(2,575)||| ||Community lottery Grant||26,000|(21,667'||4,333| ||VAMT-Loneliness and lsolationGrant||1,810|(1,810)||| ||VAMT -FoodProspedty||1,428|{1,428}||-| ||PantryFund||3,585|(e32)||2,653| ||Welsh ChurchActGrant|(7,000)|10,000|(3,000)||| |||(6,5271|84,866|(49,154)||29,185| ||Unrestrictedfunds|||||| ||Free reserves
Fixed assetfunds (designated)|34,427
149,A42|114,203|(126,305)|-
25,752|22,325
174,794| ||Building Fund(Designated)|21,696|4,785|(72s|t25,752)|| |||205,165|118,988|(127,034)||197,119| ||Totalfunds||||||

{3 Analysisofnetassebbetweenfunds
Currcntyear
Restrictedfunds
Tangible
fixedassetsnet
ttf,,
-
Other
assets
29,161
Total
29,161
Unrestricted funds
Freereserves
Designatedfunds
-
161,918
6,058
-
6,058
161,918
161,918 35,219 '.19'1.737
Tangible
fixedassetsnet
Other
assets
Total
Prioryear
Restrictedfunds
- 29,185 29,185
Unrestrictedfunds
Free reserves
Designatedfunds
-
149,A42
22,325
25,752
22,325
174,794
149.A42 77,262 226,304

UnrestrictedRestricted UnrestrictedRestricted TotalFundsTotalFunds TotalFundsTotalFunds TotalFundsTotalFunds
Funds Funds 2023 2022
tf,
lncomeftom:
Voluntaryincome 117,908 3,585 121,493 211,775
Activitiesfor generating funds 1,080 1,080 2,968
Grants 81,281 81,281 22,239
Other 3,906
Totalincome 118,988 84,866 203,854 240,888
Expenditureon:
Charitable activities
127,034 49,154 176,188 96,674
Total expenditure 127.034 49,154 176,188 96,674
Netincome/(expenditure) (8,046) 35,712 27,666 144,214
Transfersbetween funds
Netmovement in funds (8,046) 35,712 27,666 144,214
T&lfundsatsta*afyear 205,165 t6,s27) 198,638 54,424
Totalfundsat endofyear 197,119 29,185 226,304 198,638