Charity registration number 1190499
SAINT MELANGELL SHRINE CHURCH AND CENTRE
Annual report and unaudited financial statements for the year ended 31 December
2025
SAINT MELANGELL SHRINE CHURCH AND CENTRE
Legal and administrative information
Trustees Mr P Morris J Sharpe C Hainsworth F Jones D Griffiths M McKenzie Rev. C Browne K Reynolds Charity number 1190499 Principal address The Melangell Centre Pennant Melangell Llangynog Oswestry SY10 OHQ Independent examiner M D Coxey & Co Limited 25 Grosvenor Road Wrexham LL11 1BT
SAINT MELANGELL SHRINE CHURCH AND CENTRE
Contents
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 11 |
| Detailed income and expenditure account | 12 |
SAINT MELANGELL SHRINE CHURCH AND CENTRE
Trustees' report
For the year ended 31 December 2025
The trustees present their annual report and financial statements for the year ended 31 December 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Objectives and activities
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Saint Melangell's Shrine Church and Centre is a Christian Charity in the Tanat Valley for people of all faiths or none, which supports individuals and groups through reflection, listening and pastoral care. We provide services, a space for reflection and spirituality, and facilities for education, training events, retreats and quiet days, with some residential accommodation available.
Achievements and performance
At the end of the year the charity had capital funds of £125,102. The Trustees intend that the funds will be utilised in future periods in accordance with the charity's objectives.
Financial review
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Structure, governance and management
The charity is a Charitable Incorporated Organisation.
The trustees who served during the year and up to the date of signature of the financial statements were:
Mr P Morris
J Sharpe C Hainsworth – resigned October 2025 F Jones D Griffiths M McKenzie Rev. C Browne K Reynolds
The Trustees are appointed according to the charity's governing document and are referred to as the "Council of Management".
K Reynolds performs administrative duties for which she is remunerated, see the notes to these accounts for more information.
1
SAINT MELANGELL SHRINE CHURCH AND CENTRE
Trustees' report (continued)
For the year ended 31 December 2025
The trustees' report was approved by the Board of Trustees.
Mr P Morris Trustee
Date :
2
SAINT MELANGELL SHRINE CHURCH AND CENTRE Independent examlnevs report TOTHE TRUSTEES OF SAINT MELANGELL SHRINE CHURCH AND CENTRE S r8POrt to the trustees on my examination of the financlal statements of Saint hlelang811 Shrine Church and Centr8 (the ¢harityl for the year enGed a1 Decemtrer 2025. Responslb11rt1es and basis of report A5 the trustees of the chanty. you ar8 r88ponsible for the prepara1ion of the finanoal statÈments In acLord8nce wlth the requiretnents of the CbarftiesAd 2011 (th8 2011 Adl. I report in respe¢t of my 8xarninatttsn of the chèrYVs finanaal st8-ements carried OLrt undÈr s8ction 145 ofthe 2011 Act. In carrylng out my examination I have flOWed all the applicab5e Directions given by the Charity ComrnIsOn und8r sectiori 14515llbl ef the 2011 Acl. Independent 8xamina¢s statemerrt Your 8ttenlion is drawn to the fact that the char.ty has preparec financial stslements in aCcdanCe with Accounting and Repoyting by Char..tiÉs tireparing Iheir accounts ip. accorcance th th8 FinanGlal Reporng Stan4ard appli(xble in th8 UK and Republic of Ireland IFRS 1021 in preference tc Lle AcUng arKI ReFOrting by Ch8ritles.' Stat8menl of RÈcomm8nded Practice issued oh 1 Apnl 2005 which 1$ r8ferred io an Iha exLant regulations bul has now been withdrawn. l understand tha¢ this has been done in orderforfinanaI statements lo pwwdo a Iwe and fairview in accordance with G8narallyAccepted Accounting PraGbce effedIveforp¢rb.ng perfods beginning on or aftet 1 J8nuary2015. I have cofflpleled my examinab)n_ I conf mi .al no matters have come to my att8nbon in conneefjon wth the examination giving m& cause to believe thal in any Jnaterial spect. aGcountlng records wer8 not k8Pt in r85 of eharily as requiA1 by seotion 130 of the 2011 Act.. the finanoal statements do not att£*d wththtsse rerS." or the f1nancial st8lements do nct eomply w,th the app'tstAÈ iequiremeftis rxjncernir lh8 form arKI content of gccounts s¥.. out in the Charities IAco(xJnts and Reports) Regulations 2008 other than any requireTnent that the accaunts give a tnje and fairvEw Vihich a rnaVer¢onsidered as part of an Iependent exa[r.Inati(_ I have no concerns and have carne acrDSS no othermatters in connedion wth theexaTnig8tion to which attention should b8 drawn in thi5 ieport In crderto enaNe a PTopÈrunderstanding of the finan81 ststeantS to be re3¢hed. Dated.. 12 May 2026
SAINT MELANGELL SHRINE CHURCH AND CENTRE Statement of financial activities Including income and expenditure account For the year ended 31 December 2025 2025 Notes UnTesded RÈstrfrted fur¥Js fvn(ts Totsl funds Unrestrided Restrided fund5 funds Totsl funds IntornefT'. Donatio and legacle5 Invtrstments Totsl income 22.677 274 24.251 216 574 23,251 25.188 7Y 25,942 25,188 754 25,942 Ex endlture on: GOVern2n C05ts Challtable ar.ivities Totalexpendlrnre 930 40,228 1747 38,251 39,998 37,481 38.4 1746 1746 3,272 3,272 3fi726 Net1outgLlnglnc0m1nx[eSour 11745) 117,9)7) IW,7841 13,2721 114,0561 Grosstranrfers Ctherreca8nised gains3nd105se&' GalnsllNsses Gn Investments Net m(wementln funds ly5.) 117121 116.8731 110,7841 I2,6} ILa,388) Fund balanres at lJanuary2025 31,849 14L975 IYJ,787 24.576 155,363 Fund batantt58t31DecÈmber2025 5,102 2L971 14L975 The statetnent off.nancial actiwb'es indtKles all gains andlosses rwnised in the year. All income and expendrture derive from ¢onb"wing adiwties.
SAINT MELANGELL SHRINE CHURCH AND CENTRE Balance sheet A5 Qt31 December3025 2024 Notes Fixed assets Tangible assets Investments 227,464 10,961 238,425 222,443 12,205 234,6$8 Current assets Debtors Cash at bank and in hand io 2L429 2L429 42,0 42,0 Creditors: amounts falling due within one year Net current assets Total assets less Current liabilitles Creditors: amounts falling due after more than one year Net assets 2L429 259.854 42,080 276,727 1134,7531 1134,7531 Income funds Restricted f unds Unrestricted funds Gene1 unrestritted funds Revaluation reserve 30,137 31,849 91,9&1 94.964 110,125 141974 The finana81 statements were approved bythe Tslee$ on". Mr P Morris Tru$tee
SAINT MELANGELL SHRINE CHURCH AND CENTRE Notes to the financial statements For the year ended 31 December 2025 Accounting po15¢1&s Charfty Information Saint Melangell shne Chur¢h and Centre Is a charilable inc(wratsd organisation. The CIO was reoistorad on 215t Ju.y 2020. 1.1 A¢etsuntlng ¢onventlon The fiThanoial sta-.err.ents have been prepared In accordan the charity'5 governlnG document, the Charities AGt 2011. FRS 102 'The FlnanGia'. Repcrtirg Standard aFpl.cable in the UK and Republic ol Ireland. I"rRS 102"18nd the Charities SORP 'AccoLnting and Repotting by Cha.,e$- Statement of Recommended Practice apylicable to charities prep2nng their accounts in actordance with th8 F nancial Rèporting Standard 8pplicaNe in the UK and RepJtA'.c o. Ireland IFRS 1021" leffedive 1 Januars 20191. The Charity is a Public Ben8fit Entity as defin by FRS 102. The charity h8S taken 8dv8ntage of th8 prowsions in th8 SORP for chariti&s not to pr8par8 a Sl8tement of Cash Flows. The finandal sialement$ have ¢Yeparted tom CI2dlles IAccounts and Reports) Regulations 200B onlyto the extent requi-.ed lo prowde a true fair wew. Tnis departure has invDlved followin9 the Statement of Reeomrr.ended Pfftctice for charities appiwng FRS 102 rather than the verson of -he S-at8m8nt of R8comrrended practi whl¢h Is referred to in the Regulations bulwhich has5incebeen Mthdrawn. The financi815tstErDent5 are prepared in sterfing, which is the fvnctional currency of ibe charlty, Monetary amounts in theso finan¢ial StateentS are roun¢Jed lo the nea$1 £. The financial Statements have been prepared under the fvstorieal ¢ost ¢onvenlion, modified to include the revaluation of fr88hold pmperb8s and to indude investment propetties and crtain financAal instruments at fair value. -he pdndpal ac¢ounting policies adopied are sel outbelow. 1.2 Golng concem At the tim8 of approwng tne finana81 statements. th8 trustees have 8 r8ason&bt8 8xpect8tion that the charity has adequate r&sourc8S to ccntinue in opera)onal &stenCe for te foreseeable futur8. Thus th8 tru51ees continueto adopt the going concem basis of 2ccountin9 in preparing thefinancial statements. 1.3 Charitable 1$ Unrestricted funds are avai581& for u58 at the discretion of lh8 knst88s in fwtherdnce of their tharitable obJ"ectives. R8strict8d funds are subjectto specrfic (x)ndibons by donors as lo h¢wi they may b8 used. The purposes us&s of the restricted funds are sel out in Ihe notes to th8fin8nu815taternenis. Endowrnent funds are subjeGt to speGific condtlions by ¢Jonors that the capital rnust b? mainiained by the charity- 1.4 Inct)me Incotne is recognised thE charity is legally e-.tsMed to il after any perfortnance nditionS havé been met. the arnounts eaft be me2sured reliably, and il is p.-obatle .aLine0[r.ell be received. Cash donations arè recognised on receipt. Other don2tions are rewlised once lh& charity has b&en notified of the donation, unless performance conditicns requ.'re deferral o.. the amount. Incorne tax Tecoverable in relation to donations receNed under GiftAtd ordeeds of covenant is rec(bgnised atthe tirneofthe dDnation. Legacies ar& recognised on receipl or otherwse if the charity h8s been nottfied of an impendiry distributian, the amount is known, and reeeipl .s expecked. If the amount is not known, :he legacy is trèated as 8 contingènt asset.
SAINT MELANGELL SHRINE CHURCH AND CENTRE Notes to the financial statements {continued Forthe year ended 31 December 2025 1.5 Expendlture Exper..ditur& is recognised oi¢e there is a legal or consttuctive OlgatiOn to tsansfÈr economic b&rèlit to a thlrd party, St is probable that a transfer o- economic benefit5 wll be required In sett ement, and the amount of the obligattsn can be measured reliabty. Expenditure 15 classified by aCti7ty. -he costs of eath 8cliwty arè m8d8 up of the total of direct costs and shared costs, induding supp(Nt-u)sts invdved in uncert8knng each activ.ty. Direct costs attributabl8 to a single acuvily are allo¢8ted direclly to that ad'vity. Shared ¢osts whl¢h conlnbute io more than one activity and support costswhich 3re ncl 3ttiibutableto a single acbwtyare apportioned between those actiMtie5 on a basis con8lSt8nt with the us8 of resourc8s. Centrydl staff costs ar8 allocat8d on th8 b8sis of tim6 spent, and depreciation charges are allorAd on the of theassefs use. 1.6 Tangible ffxed assets Tan Jible fixed assets tt Initially me05ured ?t cost an4J 5ubsequenUy tnea5ud at (x)sl or valualon, net of depro¢lation ancl any impaimient losses. Oepreciation is recognised so astowriteoff the ¢ost orvalyation of assets less thwrresidual valu8s over the5r useful liv85 on the follo9 bases.. FShO1 land and tHJi'.dings Fixtures fitung5 10%onwst 25% reduana balancel 15% radUng balance12%straight Thegain or Ioss arising the dispos of an asset 15 deterTnined as (he dIffee batween the sale t(eedS and the earying value of the asset, arNi isrecognised kn theslatefflent olfinanasl actItieS. 1.7 Fixed asset inv8Stm8nts Fix8d a558t investments are Tritt1811y Tn8asL'f8d at t_Thll58ction pric8 excluding transaction costs. and a subsequently measured at f3ir value at each repotng date. ChGnges in fair value are recognised In net incomellexpenditurel for the year. Tfan5xtion costs areexpensed as incurred. 1.8 Impairment of fixed assets At each reporting end rjale, th& charity rei8ws ihe c8rying amounts of its ta4gitrAe ass8ts to d8t&Ine whather ther8 is any indication that those assets have sufferèd an imJairm8nl loss. If any such indication exlsls, the recoveralle amou.It ol the asset is estiyated in order to detemine the ex1 of the imp8irmenl 1055 lif any). 1.9 Cash and cash equjvalents Cash and cash equivalents indude cash in hand, deposits he)d at call banks. other short-t&YY liquld inv88trnents with origin81 rr8turties of three months leSS. and bank overdrafts. Bank overdrafts 8re shown withln borrowryngs in current Ii8tMlities. q.10 Flnancial instruments The charity has 818Ct8d lo apply tho pro)riS"ors of Se¢tion 11 'Basic Finanpial Insknments, and Section 12 'Olher Fi4anaal Instruments Issues, of FRS 102 to all ofits financial instruments. Flnancial Instruments are re¢ognlsed in the ¢hariVs balan sheet when the tharily be¢omes party to th8 contractual pro$10n$ ol the instrument. Finanaal assets and liabilitie5 are gffset, wil.. the net amounls presented in the financial statements, when there is a legally enferc&ate rightto set off the rewgnised arnour.ts and there is an intÈnlion to setde on a néi basis or to reali8eihe asset and settle the liat¥lity simultanewsly.
SAINT MELANGELL SHRINE CHURCH AND CENTRE Notes to the financial statements (continued) For the year ended 31 December 2025 Accounting Oicies Bask financial assets Basic -.IMancial ass8:s. indud8 d8btors 8nd eAsh and bank bal8nc88, ar8 Initsa.'ly rneasured at transaction pdce induding Iransa-tion msts and are subsequenuy carried al aTortised cost using th8 8ffective interest m8thoc unless the arrangemenl ns-.utS a financing transaction, wherè the trans8Ction is measured at the present valu8 of Ihe tUre receipts discounted at a market rdtè of interest. Financi81 asseis classif1ed as receivable w.thin one year a not amortssed. Basic fianall1abll1tie 8asicfinancial liabiltknes, includlng uedltors and bank loans are iniually rÈcognisÈd at transactton price unless the arrangamènt constit_.les a f nancing trdnsatr.ion. where the debt instrument is measLred at the pre88nt value ol th8 fJtur8 payments disccunted at a market rate of in:8rest. Financial li8biliti&s dassified as pay8ble vithin one y8ar ar8 not amortisl. Debt instruments are 5ubw4uenUy at am01 rt uslng the eftedve interest rate melhth. Trade creditors are obligations to pay for goods or swwees that have tieen a¢quid in the ordinary cours8 of op8rations suppliers. Amounts payable are d3ssffi8d as Lxirrenl liabilthe5 rf tsaymenl is due wlthin one year or less. If not, teY are presented 3s noi-currer.t liabilthes. Trade c'eiJitoT are ownlsed Inlually at transaction Jrice a.-.d 5ubsecu8nlly measui?d at alortISedCGSI ungthe eyectve in4erest rnethod. Derecognitlon of flnan¢lal liabllftles Financial liabiliti&s are der8cognised when the tharitys contractual oblig8t50n5 expire or ar8 disch8iged or c8(lled. 1.11 Employee benefit5 The cost of any unused holiday 8ntiU8ment i8 f8cA)gnised in the period in which the 8mployees services are Ived. Termination b8nèfits are rèttJgnis8d immedialelyas an 8xpense wh8n th8 charily is d8monstrably commstled to temiinate the employment of an en3ployee orto prowde tem)ination benèfits.
SAINT MELANGELL SHRINE CHURCH AND CENTRE Notes to the financial statements (continued) For the year ended 31 December 2024 2 Donat¢ons and18gaGIgs 2025 Unr05trlctod Rgstrlcted fundB 2024 lthr8strlcted Rg¥tri¢tod ftmd8 fund¥ T(rtal TDtsI Donab"ons and gifts &f(8id donations 12,721 12,721 684 12,528 1.597 6.094 1.000 3,969 2S.188 12.528 1,597 6,094 1.000 3.969 25,188 Qignts 5.586 5.S86 LÈgadÈs (Xher 3,88T 22.677 3,687 22.677 ants ro¢81V81? foT cw8 aGlfvllSes Included In alM)Np Shapherd Hul income ?..485 2.485 2,485 2.485 2,78 2,784 2,784 2,784 J Irwe8tm8nts UnreSErted iknrestrlGIBd funds 2025 2024 Inle$1reiydb1e 574 754 4 1>)v8mance costs 2025 2Q24 ountancy 1.747 1,747 4,813 4,813 6 Trtee$ K ReOld& Is 6mploytd bylhe Charilyand remunerated for perforning aomini8tri%e dufje8. During Ihe period. the total remunerab.on paid wa5 £1 C,49312024. £11.9371 6 Empbyees Tre arage monhtynufftber ofemplo5ees during the searwas.. 2028 2024 7 Taxation The Ghadtyls 8)mpttrom tsxon inwme 8nd gains lalling %4ilhinsedon 505 ofthe Ta> Pa 1968 orsection 252 ofthe Td¥fjtio ofchargeable Gains kt 1992 to Ihe ex*ntthatthese are applied ts 115 tharitable objeLts.
SAINT MELANGELL SHRINE CHURCH AND CENTRE Notes to the financial statements Icontinuedl Forthe year ended 31 December 2025 8 THng Ilxed assets Fr•8hokl nd treS and nd bUlln95 fAtkngs Totsl Atl January2025 dluons At31 December2025 225,06B 30.748 7.800 38.548 255,816 7,800.DO 2B3,616 225.068 DEpreclatlcffl and Inypalrrnent A 1 Jgnuary2025 Depreciation Ghgwed in the A31 Decembtrr2025 11,780 .68D 21 fi13 1,09S 22,712 33.373 2.779 38,152 13A40 carn9 amount P131 Dgmber2G24 213,308 9,135 222,443 31 Derryer2025 211,628 fj5.830 227.464 AprotsSs50Th luaiJon ofthe propertywas carrf&J Dul 2022whfjth lUed the propetyknown as brA)ed House at£365.000. In2016. a rnortgage deedwas drawn up aoteeing Equilable Orfrfnersh4) rBloof5432% ]farDf the Centre and 45 68% in tsr ofihe StP68ph Ds8 Boarc OlnanCe Ilwas hJrJberagreefj, should the propetybe sold. the Centre repaythe45.68%ofthe sale prn(wds to the Board OfFIan. Dudng the rrentnancIal perK5d the derision was made b show 0the petr9e ¢)wned bythe Centre the fflnandal Skkments. belng 54.32Y. H8d the revaluaoon In 20 Dotbeen underbken. the hL8k*iir¥lo)slDfkne pTrpeTtyls E217.2291100%1. g FPAedassetlnveGtrnents UnlL%t£d v#stmgnts BDughtfotwsrd 1 January2025 Cashed in 12205 122771 1.033 Interest Carried forward A31 Denber2025 10,961 10
SAINT MELANGELL SHRINE CHURCH AND CENTRE Notes to the financial statements {continued) For the year ended 31 December 2025 IO D&btors 2026 2024 Trade d&btsrs Prèpasments and a(Ue4 Income 11 Creditof8:amtvJtts falllng (kn wjthkn ¢ne yeor 2025 2024 Tradecredltors ount pald l? patent undertah'ng 12 Credttors.'amountsfalllno 4ft01 mor&than year 2025 2024 Trade uedltors 134,753 134,75 134.752 134.753 Ak)an of£I24,753fttitn The St6aph n[Lsan Boatd of FinanL¥ IS indud8d whhln Trade Credltors'.amouDts tslling due afi8r more tha Iar. k)an k Secured kn8propety8nd Is olep9)b on 8nyfvty s8leolthe C8ntst. 13 An115 of neta56ets beiwepnfund5 2025 Ire9trkted P¥trktrd 2024 LestrI12d Rp5tr1¢tsd ILKHIs Tdal Total Fund balan(*8 8t31 D8canber2025 are represen12d by. T3ngibl8 assets InsEshents 213.863 13M01 lo61 s75 227.464 10,961 21,429 ".34.7K31 207.041 2277 35,56D 1134.7531 110,125 15.402 9,928 6,520 222.443 1 ?.205 42,079 1134,7531 141.974 Current8ssets Illk8blliOesl Long term iiabailities 15.85 1134 753;. 94.S54 31,846 14 Related partytranGaConS Sincethe merg6rin 2022. ihere are no relakd pattytrdnsarkns. VonteerE The th8."ityhas a srn811 nUTDberOflUnIeerS who up theirfreetirne to as515lthe Centre unthe tew ottaslons Iheyare reqvlred.
SAINT MELANGELL SHRINE CHURCH AND CENTRE Detailed Income and expenditure account For the year ended 31 Dember 2025 2025 2024 Turnover Donations, Gifts and Sal8 of Small GDod5 Grants 13.923 13,713 e.094 1,000 1,597 754 5,5e6 Legacies COnants l Gift(1 Certificated Donations inctaxrebates Bank Ints'.èst 574 Shepheid hut income 2,485 23,251 2,784 25,942 ost of sa10$ Grants and Donations 55 42 Costs offuidraising Repairs and Renewals Insurance 1,575 3,606 1,666 1,079 1,871 1.518 858 T91ephone Heating and Lighting OfficÉ Expendhknrè Wages l*¢ountanw Fe88 Parish share 813 2.30 614 2,253 1289 1 D.493 930 11,937 1.747 15,065 15,969 270 Sundry enSeS Bank eh8rg85 DePClabon 81 104 2.779 2.109 41.158 39,998 ExtesB of IExpenthtur&lllncomo obpr Expenditurelllncotnel 117,9071 114,0561 12