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2025-03-31-accounts

PrincipalOffice
HopeChapel
HighStreet
MerthyrTydfil
CF478UG
Signedbyorderofthe trustees
/ /^'
t')'',t\ -
PaulGaskin
Chairman

Note Unrestricted
Funds
f,
RestrictedTotalFundsTotalFunds
Funds
2025
2024
eeE
RestrictedTotalFundsTotalFunds
Funds
2025
2024
eeE
RestrictedTotalFundsTotalFunds
Funds
2025
2024
eeE
RestrictedTotalFundsTotalFunds
Funds
2025
2024
eeE
lncome from:
Voluntaryincome 2 137,755 50,749 188,504 150,028
Activities forgenerating funds 3 3,390 3,390 3,940
Gnants 4 1,000 142,963 143,963 54,724
Totalincome 142,145 193,712 335,857 208,692
Expenditureon:
Charitable activities
5 147,57A 121,413 268,983 237,859
Totalexpenditure 147,57O 12L4lq 268,983 237,859
Netincome/(expenditure) 7 (5,425) 72,299 66,874 {29,167|
Transfers betweenfunds 12 53,538 (53,538)
Netmovementinfunds 48,113 19,761 66,874 (29,167)
Totalfundsatstartofyear 167,976 29,161 197,137 226,304
Totalfundsatend ofyear 12 216,089 47,922 264!11 197,137

NoG 2025t 2024t
Fixedasseb
Tangible assets I 214,216 161,9'lg
Currentassets
Debtons I 5,507 3,548
Cashat bank 7-8,329 74,589
83,836 79,137
Creditors:Amountsfallingdue
withinoneyear 10 (6,920) (8,004)
Netcurrent assets 76,916 70,133
To,talassetslessCurrentLiabllifs 291,132 232,O51
Non-OurrentLiabilities
Creditonar-nountsfalling dueafrer morethant 1'. (27,121)
Netasseb 264,011 131,137
FUNDS
Restrictedfunds 12 47,922 29,161
Designatedfunds 12 214,216 161,918
Unrestrictedfunds 12 1,873 6,058
_264,011 197,137

Voluntary income
Unrestricted Restricted TotalFundsTohlFunds
Funds Funds 2025
2024
€f €t
GeneralDonations&Offerings
Total2025
137,755
50,749
rerere4-ru-
188,504121,493
Tota,l2024 120,129 29

ActivitiesforGenerating lncome
Rentallncome Unrestricted
Funds
f,
3,390
RestrictedTotalFundsTotal
Funds
2025
f,fE
3,390
Funds
2024
1,080
Tofa.l2O24 3,390 I 3,390 1,080
Total 2023 3,940
-
3,94q 1,080
4 Grants
Unrestricted Resficbd Total Funds Tofial Funds
Funds Funds 2025 2024
f,
LocalGivingGrant 500
ASDA 1,000 1,000 500
MoondanceGrant 14,690 14,690
MerthyrValleysHomes 1,750 1,750 1,304
MTCBC 1AJ'48 10,148
Perssimon Homes ,,0-oo 1,000
Community DevelopmentPreventionprogmmme 1,913 1,913 :
CosyComerGrant 10,000 10,000
FeedingBritain 1,800
RhonddaCyonnTaff 't,956 1,956
Community lottery Grant 45,500 45,500 26,000
CommunityFoundationWales 3,609 3,609 3,504
NationalGrid 3,750 3,750 4,744
FoodPartnershipsGnant
WarmWelcome Grant
''tt' ,,:, 9,793
1,000
VAMT -Loneliness andlsdationGmnt 579
WAGFoodPovefiGrant 5,000
NationalLotteryCommunity 10,000 10,000
WetshChutchGrant 15,000 15,000
SharcProsperity Fund 22,O50 22,054
Total2025 1,000 142,963 143,963 54,724
Total2024 54,724 54,724 81,281

YEA
5
RENDED3IMARCH2025
Cost of CharitableActivities
Wages&
Salaries
DirectTotalFundsTotalFunds
costs
2025
2024
tt
SupportofMissionaries &Oryanisations
Church Ministries
Operations&Administnation
Premises&Maintenance
Employment costs
-
37,052
-
-
82,276
39,791
50,026
10,370
49,468
-
39,791
87,A78
10,370
49,468
82,276
33,322
75,036

13,265
32,084
84,152
Total2025 119,328 149,655 268,983 237,859
Total2024 113,659 124,200 237,859 176,188
6 Staffcostsand numbers 2025
EE
2024
Wages andsalaries
EmployerNIC
Pensioncosts
108,417
7,982
2,929
107,582
3,037
3,041
119,328 113,659
Issfated aftercharging:
lndependentexaminedsfee
Netincome/(expenditure)
2025
t€
150
2A24
150

Tangible assets
Freehold
Landand Building Motor
Fixtures&
Total
Cost Buildings lmprovements
€e€
Vehicles FIfiings
e
AJ.149il2024
Additions
149,042 sg,t+g lz,'tit 25,752 174,794
65,322
At 31March2025 149.042 53,149
12,173
25,752 240,116
Depreciation
At1April2024 12,876 12,876
Chargefortheyear g,sas g,oas 6,438 13,024
At 31March2025 3,543
3,043
19,314
25,900
Netbookvalue
At3tMareh 2025 149,042 49,606 9,130 6,438 214,216
At31March2024 149.042 12,876 t61,918
Debtors 2025
2024
Otherdebtors 5,507 3,548
5,507
3,548
t0 Creditors:Amountsfallingduewithinoneyear
2025 2024
E,
BankMortgage 6,370 6,370
Other creditorsandaccruals 550 1,634
6,920 8,004
11 Creditors:Amounb fallingdueaftermore than oneyear
2025 2424
e
BankMortgage 27,121 34,914
27,121 34,914

12 Movement infunds At At
1Apr 31 Mar
Cunentyear 2024 lncomeExpenditure
t8
Transfers
f,
2025
Res$ictedfunds
ASDA
Community Development Prevention
CommuityFoundationWales
Community lottery Grant-Pantry
Awardsforall
Cosy Comer Grant
FoodPartnership Grant
Hope4Tots
MerthyrValleyHomes
Moondance Gmnt
400
Programme
1,425
1,610
s,zis
1,000
1,913
3,609
26,000
19,500
10,000
1,596
s2
1,750
14,690
(1,000)
(1,913)
(5,034)
(21,110',)
(11,375)
(9,628)
(6,851)
(52)
(1,750)
(14,690)
(4-00)
:
:
o,soo
8,125
':.'
MTCBCAA/AG
MTCBC
,],, 5,000 (5,000) :'
NationalGdd 3,750 (3,750)
Pantry Fund 7,269 (7,269)
OutforaHour aio 1,771 (2,641)
RCT 1,956 (1,es6) :
RoofFundraising 18,881 45,760 (26,352) (6,099) 32,190
NationalLotteryCommunityFund -Roc 10,000 (10,000)
Welsh Church Grant 15,000 (15,000)
ShareProsperityfund 22,050 (22,050)
TeensWeekend Away '1,046 (311) 735
WarmWelcome Grant 731 (731)
29,161 193,712 (121,4131 (53,538) 47,922
Unrestrictedfunds
Free reserves
Fixed assetfunds (designated)
6,058
161,918
142,145
-
(134,546)
(13,024)
(11,784)1,873
65,322214,216
167,976 142,145 (147,570) 53,538 2:r6,089
Totalfunds 197.137 335.857 (268"983)
-
264,A11

12 Movement in funds At At
1Apr 31 Mar
Prbryear 2023 lncomef Expendituret Transfers
f,
2424
Restricted funds
ASDA 400 500 (500) 400
MerthyrValleysHomes 0 1,304 (1,304) 0
MTCBC/WAG (11) (]tr
MTCBC-FosYFran 21,810 (21,810)
LocalGivingGrant 500 (500)
CommuityFoundationWales 3,504 (2,079) 1,425
FeedingBritain 1,800 (1,800)
FoodPoverty Grant 5,000 (5,000) :
NationalGrid 4,744 (4,744) (0)
FoodPartnership Grant 9,793 (4,538) 5,255
Community lottery Grant +,g3a 26,000 (28,723) 1,610
VAMT -Loneliness and lsolation Grant 579 (57e)
WarmWelcomeGrant 1,000 (26e) 731
Pantry Fund
RoofFundraising
2,653 3,585
25,241
(6,238)
(6,s60)
rg,a8r
Out foraHour 1,073 (203) 870
29,185 84,623 (84,647) 29,161
Unrestrictedfunds
Free reserves
Fixed assetfunds (designated)
22,325
174,794
124,069 (153,212) 12,876
(12,876)
6,058
161,918
197,1 19 124,069 (153,212) - 167,976
Totalfunds 226,304 208,692 (237,8s9) 197,137

Analysisof netassetsbetweenfunds

Cunentyear
Tangible
Other
fixedaseebnetassets
Total
Restrictedfunds 4l,sz -.
Unrestrictedfunds
Free reserves
Designatedfunds
-
1,873
161,918 52,298
1,873
214,216
161,918
102,093
264,011
Tangible
Other
fixedassetsnetassets
Total
Pioryear
Restrictedfunds
-
29,161
29,161
Unrestrictedfunds
Free reserves
Designatedfunds
-
6,058
161,918
-
6,058
161,918
161,918 35,219 197.137

Unrestricted Restricted TotalFundsTotalFunds TotalFundsTotalFunds TotalFundsTotalFunds
Funds
Funds
2024 2023
eg
lncomeftom:
Voluntaryincome 120,129 29,899 150,028 121,493
Activitiesfor generating funds 3,940 3,940 1,080
Grants 54,724 54,724 gl,2g1
Totalincome 124,069 84,623 208,692 203,854
Expenditureon:
Charitable activities 153,z',t2 84,647 237,859 176,188
Totalexpenditure 153,212 84,647 237,859 176,188
Netincome/(expenditure) (29,143) (24) (29,167) 27,666
Totalfundsatstartofyear 197,119 29,185 226,304 198,638
Totalfundsat endofyear 167,976
29,161
197,137 226,304