**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 f￿lOWed all the applicab5e Directions given by the Charity ComrnIs￿On
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 aCc￿danCe with Accounting
and Repoyting by Char..tiÉs tireparing Iheir accounts ip. accorcance ￿th th8 FinanGlal Repor￿ng Stan4ard appli(xble
in th8 UK and Republic of Ireland IFRS 1021 in preference tc Lle Ac￿U￿￿ng 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 orderforfinan￿aI statements lo pwwdo a Iwe and fairview in accordance
with G8narallyAccepted Accounting PraGbce effedIvefor￿p¢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 re￿r￿S." 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 I￿ependent 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 finan￿81 stste￿antS 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
UnTes￿ded 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
Net1outgLlngl￿nc0m1nx[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$8
Current assets
Debtors
Cash at bank and in hand
io
2L429
2L429
42,0
42,0
Creditors: amounts falling due within
one year
Net current assets
Total assets less Current liabilitles
Creditors: amounts falling due after
more than one year
Net assets
2L429
259.854
42,080
276,727
1134,7531
1134,7531
Income funds
Restricted f unds
Unrestricted funds
Gene￿1 unrestritted funds
Revaluation reserve
30,137
31,849
91,9&1
94.964
110,125
141974
The finana81 statements were approved bythe T￿slee$ 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 sh￿ne 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 State￿entS are roun¢Jed lo the nea￿$1 £.
The financial Statements have been prepared under the fvstorieal ¢ost ¢onvenlion, modified to include the
revaluation of fr88hold pmperb8s and to indude investment propetties and c*rtain financAal instruments at fair
value. -he pdndpal ac¢ounting policies adopied are sel outbelow.
1.2 Golng concem
At the tim8 of approwng tne finana81 statements. th8 trustees have 8 r8ason&bt8 8xpect8tion that the charity
has adequate r&sourc8S to ccntinue in opera)onal &￿stenCe for t*e foreseeable futur8. Thus th8 tru51ees
continueto adopt the going concem basis of 2ccountin9 in preparing thefinancial statements.
1.3 Charitable ￿1￿$
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.e￿ll 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 O￿lgatiOn 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 aCti￿7ty. -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 allorA*d on the of theassefs use.
1.6 Tangible ffxed assets
Tan Jible fixed assets tt￿ Initially me05ured ?t cost an4J 5ubsequenUy tnea5u￿d 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 follo￿￿￿9 bases..
F￿ShO1￿ land and tHJi'.dings
Fixtures fitung5
10%onwst
25% reduana balancel 15% radU￿ng balance12%straight
Thegain or Ioss arising ￿ the dispos￿ of an asset 15 deterTnined as (he dIffe￿￿￿e batween the sale t￿(￿eedS
and the earying value of the asset, arNi isrecognised kn theslatefflent olfinanasl actI￿tieS.
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 re*i8ws 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 ex￿1 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&at￿e 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-.￿ut￿S 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 fi￿an￿all1abll1tie￿
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 amortis￿l.
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¢qui￿d 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, t￿eY are presented 3s noi-currer.t liabilthes. Trade c'eiJitoT are ownlsed Inlually at
transaction Jrice a.-.d 5ubsecu8nlly measui?d at al￿ortISedCGSI u￿ngthe 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
UnreSEr￿ted iknrestrlGIBd
funds
2025
2024
Inle￿$1re￿iydb1e
574
754
4 1>)v8mance costs
2025
2Q24
ountancy
1.747
1,747
4,813
4,813
6 Tr￿￿tee$
K Re￿Old& 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 a*rage 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 ￿t￿reS and
nd bUll￿n95
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
car￿n9 amount
P131 Dg*mber2G24
213,308
9,135
222,443
31 De￿rry￿er2025
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% ]￿fa￿￿rDf
the Centre and 45 68% in ts￿￿r ofihe StP68ph D￿s8￿ Boarc Ol￿nanCe Ilwas hJrJberagreefj,
should the propetybe sold. the Centre repaythe45.68%ofthe sale prn(wds to the Board OfFI￿an￿.
Dudng the ￿rrent￿nancIal perK5d the derision was made b show 0￿￿the pe￿￿￿tr9e ¢)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 De￿nber2025
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 St*6aph n[L￿san Boatd of FinanL¥ IS indud8d whhln Trade Credltors'.amouDts tslling due afi8r
more tha￿ I￿ar. k)an k Secured kn8propety8nd Is o￿lep9)b￿ on 8nyfvty￿ s8leolthe C8ntst.
13 An1￿15 of neta56ets beiwepnfund5
2025
I￿re9trkted P*¥trktrd
2024
L￿￿estrI￿12d Rp5tr1¢tsd
ILKHIs
Tdal
Total
Fund balan(*8 8t31 D8canber2025
are represen12d by.
T3ngibl8 assets
InsEshents
213.863
13M01
lo￿61
s￿75
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 partytranGaC￿onS
Sincethe merg6rin 2022. ihere are no relakd pattytrdnsarkns.
Vo￿nteerE
The th8."ityhas a srn811 nUTDberOf￿lUnIeerS 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 D￿ember 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
CO￿nants 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
DeP￿Clabon
81
104
2.779
2.109
41.158
39,998
ExtesB of IExpenthtur&lllncomo obpr
Expenditurelllncotnel
117,9071
114,0561
12