Moriah Chapel Trust
Annual Report 2020-2021
Aim and purpose
Moriah Chapel Trust is a charity that oversees the maintenance of several properties, one of which is a listed church building located in the town of Blaenavon in South Wales.
The organisation is a registered charity and is run by the trustees.
Objectives and Activities
The primary objective of the charity is to ensure that the main property is maintained to ensure it is safe to use for religious services.
Income is derived through property rentals, property sales and donations.
Achievements and Performance
During the initial period, the charity has been setup, steps to register the property on the land registry have been started and the work has started on the residential property to prepare for sale has also begun.
The main property is currently being occupied by Victory Church Blaenavon and is used for religious weekly services.
Financial Review
During this period the setting, up of a bank account was hindered due to COVID restrictions, the bank account not been completely ready for use until August 2021.
During this period there was no income and no expenditure resulting in a balance of £0 in the bank account.
Structure and governance
Trustees
The church as a registered charity has trustees. These are:
Mr Mark Harris
Ms Sara Harris
Mr Nick Walters
The trustees are responsible for all legal, ethical and financial matters.
Approved by the trustees and signed by Nick Walters
Moriah Chapel Trust
Financial Statement for the year ending 1 August 2021
| Unrestricted | Restricted | Endowment | Total | 2021 | Total 2020 | |
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | ||||
| £ | £ | £ | £ | £ | ||
| RECEIPTS AND PAYMENTS ACCOUNT | ||||||
| Receipts | ||||||
| Property Sales | - | - | - | - | - | |
| Rental on Properties | - | - | - | - | - | |
| Other | - | - | - | - | - | |
| - | - | - | - | - | ||
| - | - | - | - | |||
| - | - | - | - | - | ||
| Payments | ||||||
| Repairs | - | - | - | - | - | |
| Professional Fees | - | - | - | - | - | |
| Other | - | - | - | - | - | |
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| Excess of Receipts over Payments | 0.00 | - | - | 0.00 | - | |
| Bank account 02 Aug 2020 | - | - | ||||
| Bank account 01 Aug 2021 | 0.00 | 0.00 | - | |||
| STATEMENT OF ASSETS AND LIABILITES | ||||||
| Cash Funds | ||||||
| Bank Current Account | 0.00 | - | - | 0.00 | 0.00 | |
| Other Monetary Assets | - | - | - | - | - | |
| Investment Assets | - | - | - | - | - | |
| Assets retained for Church use | - | - | - | - | - | |
| Liabilities | - | - | - | - | - |
The attached notes form part of these financial statements.
Approved by the trustees and signed by Nick Walters
Moriah Chapel Trust
NOTES
-
The financial statements of the trustees have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts & Payments basis.
-
It was agreed by the trustees that due to the income being below the required £25,000 threshold that an external examiner’s report was not required. The accounts were prepared by trustee Nick Walters.
-
The trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulations 2012 that at year end the CIO did not have any outstanding guarantees to third parties nor any debts secured on assets of the CIO.
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Moriah Chapel Trust 1190766
Receipts and payments accounts CC16a
For the period 07/08/2020 01/08/2021
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Property Sales - - - - -
Rental on Properties - - - - -
Other - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) - - - - -
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts - - - - -
A3 Payments
Repairs - - - - -
Professional Fees - - - - -
Other - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ - ] - - - -
A4 Asset and investment
purchases, (see table)
- - - - -
- - - - -
Sub total [ - ] - - - -
Total payments - - - - -
Net of receipts/(payments) - - - - -
A5 Transfers between funds - - - - -
A6 Cash funds last year end £ - - - - -
Cash funds this year end - - - - -
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Section B Statement of assets and liabilities at the end of the period Unrestrlcted funds Restricted funds k nèarest£ Endowment funds Categones Details to n•ar•t£ Total cash funds Unrestricted lund$ Re$tricted funds nEarest£ En(lowment funds to neareyt£ Detalls 82 Other monetary assets Fd to Currqntvalue Details 83 Inveslmgnt assots Cost loptiwa CurTentvalu• Details 84 Assets retaln¢d lor th• charity's own use Ythen due Delails iional B5 Liabilities sTr8d bycfie or tnJs* ¢%) thaoI al Iw51ee5 l)ate of v81 SvJnattJ Print Name 19ffj4r2022 Ir/os11022