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





16th December 2024 



## 

|||Unrestricted|RestrictedTotalFundsTotalFunds|RestrictedTotalFundsTotalFunds|RestrictedTotalFundsTotalFunds|
|---|---|---|---|---|---|
||Note|Funds<br>¤|Funds<br>¤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|<br>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|<br>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_|





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|Voluntary income|||||
|---|---|---|---|---|
|<br>General Donations&Offerings|Unrestsicted<br>Funds<br>f,<br>120,129|ResfictedTotalFundsTotalFunds<br>Funds.<br>2024<br>2023<br>fft<br>29,899<br>150,028121,493|||
|Total2024|||||
|Total 2023|117||121.493|211 775|





## 

## 

||ActivitiesforGenerating lncome|||||||
|---|---|---|---|---|---|---|---|
|||Unrestricbd|Resbicted|Total|Funds|Total|Funds|
|||FundsI|Funds||2024<br>s||2023<br>E|
||Rentallncome|3,940|||3,940||1,090|
||Tots,l2A24|3.940|<br>-||3,940||1,080|
||Total 2023|1,090|<br>-||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<br>Magic Little Grant||''ttoo||''too||1,250<br>500|
||AmoldClark Grant||||||2,500|
||WestemPower Grant||||||2,575|
||Community lotteryGrant<br>CommunityFoundationWales||26,000<br>3,504||26,000<br>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&<br>Salaries|DirectTotalFundsTotalFunds<br>costs<br>2024<br>2023<br>tt|DirectTotalFundsTotalFunds<br>costs<br>2024<br>2023<br>tt|DirectTotalFundsTotalFunds<br>costs<br>2024<br>2023<br>tt|
|---|---|---|---|---|---|
||Support ofMissionades &Organisations<br>Church Ministries<br>Operations &Ad ministration<br>Premises&Maintenance<br>Employment costs|-<br>30,802<br>-<br>-<br>82,857|33,322<br>44,234<br>13,265<br>32,A84<br>1,295|33,322<br>75,036<br>13,265<br>32,084<br>84,152|<br>14,175<br>49,154<br> <br>19,867<br> <br>30,569<br> <br>62,423|
||Tolal2024|113,659|124,20A|237,859|170,1q8|
||Total 2023|84.090|92,098|176,188|96,674|
|6|Staffcostsand numberc<br>Wages andsalaries<br>EmployerNIC<br>Pensioncosts||2024<br>f,a<br>1A7,582<br>3,037<br>3,041|2023<br> 77,127<br>4,740<br>2,263||
||||113,659|84,090||



|Issfated after charging:<br>Netincome/(expenditure)|2024<br>88|2023|
|---|---|---|
|lndependentexamineCsfee|150|150|





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|8|Tangible assets|||||
|---|---|---|---|---|---|
|||Freehold||||
|||Landand|Fixtures&||Total|
||Cost<br>At1April2023|Buildings<br>a¤<br>149,042||Fittings<br> <br>25,752|f<br>174,794|
||Additions|||||
||At31March2024|149.042||<br>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|<br>39,012|





## 

## 

|12|Movement infunds|At||||At|
|---|---|---|---|---|---|---|
|||1Apr||||31Mar|
||Cunentyear|2023|lncomeExpenditure<br>Ef,||TransfErst|2024|
||Res0icted funds||||||
||ASDA|400|s00|(500)||400|
||MefihyrValleysHomes|0|1344|(1,304)||0|
||MTCBCM/AG<br>MTCBC-FosYFran|(11)<br>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<br>RoofFundraising|2,653|3,585<br>25,241|(6,2s8)<br>(6,360)||tg,a8t|
||Outfor a Hour||1,073|(203)||870|
|||29,185|84,623|(84,6471|<br>-|29,161|
||Unrestrictedfunds<br>Free reserves<br>Fixed assetfunds (designated)|22,325<br>174,794|124,069|(153,212)|12,876<br>(12,876)|<br>6,058<br> 161,918|
|||197,119|124,069|(153,212\|<br>-|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<br>FeedingBritain||4,618<br>1,250|(4,618)<br>(,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<br>Fixed assetfunds (designated)|34,427<br>149,A42|114,203|(126,305)|-<br>25,752|22,325<br> 174,794|
||Building Fund(Designated)|21,696|4,785|(72s\|t25,752)||
|||205,165|118,988|(127,034)||197,119|
||Totalfunds||||||





## 

|{3|Analysisofnetassebbetweenfunds<br>Currcntyear<br>Restrictedfunds|Tangible<br>fixedassetsnet<br>ttf,,<br>-|Other<br> assets<br>29,161|Total<br>29,161|
|---|---|---|---|---|
||Unrestricted funds<br>Freereserves<br>Designatedfunds|-<br>161,918|6,058<br>-|6,058<br>161,918|
|||161,918|35,219|'.19'1.737|
|||Tangible<br>fixedassetsnet|Other<br> assets|Total|
||Prioryear<br>Restrictedfunds|-|29,185|29,185|
||Unrestrictedfunds<br>Free reserves<br>Designatedfunds|-<br>149,A42|22,325<br>25,752|22,325<br>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:<br>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|