Moriah Chapel Trust
Annual Report 2024-2025
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
Repair of side wall of the Chapel
During the spring and summer of 2025, the trustees commissioned a builder to undertake remedial works to the right-hand side exterior wall of the Chapel (as viewed from the road). These works addressed long-standing water ingress issues that had affected the building for approximately five years.
The existing render was carefully removed to allow repairs to be carried out. The project was completed successfully and included repairs to the windows, along with the replacement of the fascias and rainwater downpipes. All works were undertaken in full compliance with the materials and methods specified within the local authority’s planning permission and listed building consent.
Financial Review
Other than a peppercorn rent from Victory Church Blaenavon, the charity received no income during this period. The expenditure was exclusively for the repair of the side wall totalling £52,509.
Structure and governance
Trustees
The trust as a registered charity has trustees. These are:
Mr Nick Walters, Steve George and Jeff White
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 2025
| Unrestricted | Restricted | Endowment | Total This | Total Last | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | Year | Year | |
| £ | £ | £ | £ | £ | |
| RECEIPTS AND PAYMENTS ACCOUNT | |||||
| Receipts | |||||
| Property Sales | - | - | - | - | - |
| Donations | - | - | |||
| Rental on Properties | - | - | - | - | - |
| Other | - | - | - | - | - |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| Payments | |||||
| Repairs | 52,014 | - | - | 52,014 | 247 |
| Purchases | 495 | 495 | - | ||
| Professional Fees | - | - | - | - | - |
| Other | - | - | - | - | - |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 52,509 | - | - | 52,509 | 247 | |
| - | - | - | - | - | |
| Excess of Receipts over Payments | -52,509 | - | - | -52,509 | -247 |
| Opening balance | 55,239 | 55,239 | 55,486 | ||
| Closing balance | 2,731 | 2,731 | 55,239 | ||
| STATEMENT OF ASSETS AND LIABILITES | |||||
| Cash Funds | |||||
| Bank Current Account | 2,731 | - | - | 2,731 | 55,239 |
| 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.
-
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.
| Section | Section | A Receipts | and | payments | payments | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted funds |
Restricted funds |
Endowment funds |
Total funds, | Last year | |||||||
| to the nearest c |
to the nearest€ | to the nearest€ | tothenearestf | to the neareste | |||||||
| AlRecei | |||||||||||
| F-::e':ySa es | |||||||||||
| R:^: | 1 | ||||||||||
| AR) | |||||||||||
| A2Asset andinvestmentsales, | |||||||||||
| (see | table). | ||||||||||
| Subtotal | :l | ||||||||||
| Total receipts | I | ,l |
|||||||||
| A3P | |||||||||||
| 52,014 | 52,014 | 247 | |||||||||
| -I | 495 | 495 | |||||||||
| Subtotal | 52,509 | 247 | |||||||||
| A4Asset andinvestment | |||||||||||
| u.c | hases | seetable | |||||||||
| Subtotal | |||||||||||
| Totalpayments | 52,509 | 52,509 | 247 | ||||||||
| N | et ofreceipts/(payments) | 52,508 | 52,508 | 247 | |||||||
| A5Transfersbetweenfunds | |||||||||||
| A5 Cashfundslast yearend | t | 55 |
23900 | 55,239 | |||||||
| Cashfundsthis year | end | 2,731 | 2,731 | 55,239 |
| SectionBStatement | ofassets an | dlia | bilitiesat | theendofth | eperiod | eperiod | |
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | |||||
| eategaxies | funds | funds | funds | ||||
| tonearest€ | to | nearest€ | tonearest€ | ||||
| 81Gashfunds | Current Account | ||||||
| Total | cashfunds | 2,731 | E | ||||
| (agree balances | with receipts and payments | ||||||
| accountis)) | |||||||
| U nrestricted | Restricted | Endowment | |||||
| ffietails | funds tonearest€ |
to | funds nearestf |
funds to nearestf |
|||
| 82Other monetary assets | |||||||
| asset Fund towhich |
Cost (optional) | Current value | |||||
| 83lnvestment assets | |||||||
| Fundtowhich asset belo |
Cost (optional) | Current value | |||||
| 84Assetsretainedforthe | |||||||
| charity'sownuse | |||||||
| Fundtowhich | Amount due | When due | |||||
| ffietaiNs | liabil relates |
||||||
| 85 Liabilities | |||||||
| Signedbyoneor twotrusteeson behalfof allthe trustees |
Signature | Print Name | Date of roval |
||||
| -e | a]-ujt*rf | G | Z-t+-Zu | ||||
| fuL€e->r | L.+Zl- |